The program, called Section 610, allowed landlords to collect the full value of a federal rent voucher when it was more than the rent. But money came from the federal Section 8 program. In March, when Section 8 funding appeared in jeopardy, the city paused authorizations. In July, New York State's housing department seemed to put the final nail in the coffin, ending authorizations for landlords who receive certain city subsidies.
A new affordable housing lottery geared toward New York City seniors has officially opened in the West Village. Located at 570 Washington St., the units are designed to support individuals aged 62 and older. The units are being delivered as part of the 550 Washington Street / Special Hudson River Park District rezoning. Of the 176 units, 57 are studios (for households of 12; income up to $64,800), 40 are one-bedrooms (for households of 13; income up to $72,900),