"The website, which launched in 2013 after years as a mail-based program, lists residential buildings across the five boroughs currently accepting applications for apartments, with both leasing and purchasing opportunities. However, there is a catch: Your total income and family size need to fit within a certain range to be eligible to apply to the housing lottery, and each lottery has different income restrictions, based on a measurement called Area Median Income, which you can calculate here."
"Oftentimes, real estate developers will set aside a certain number of affordable units in their blueprints to secure support and approval from city officials and community boards. The NYC Department of Housing and Preservation, which runs NYC Housing Connect, considers affordable housing to be apartments that cost one-third or less of what the people living there make in income. Also, there's usually a certain number of units in each lottery set aside for people with disabilities, workers employed by the city, or people already based in the community board district where the building is located."
New York City Housing Connect is an online platform offering affordable apartments in new developments across the five boroughs. The website launched in 2013 after years as a mail-based program and includes both leasing and purchasing opportunities. Eligibility depends on total household income and family size relative to Area Median Income, with each lottery imposing specific income limits. Developers frequently reserve affordable units to gain approvals, and the NYC Department of Housing and Preservation defines affordable housing as apartments costing one-third or less of occupants' income. Certain lottery units are reserved for people with disabilities, municipal workers, and local community residents. Applicants receive a log number and winners are chosen randomly.
Read at Upper West Side, NY Patch
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