Tip 1: Apply for what you are eligible for. While the random number system is used in an effort to establish a sense of fairness, there are some exceptions, which include individuals with disabilities, people who currently live in a building's community board district, veterans and senior citizens.
The developer of the building then reviews applications, beginning with the lowest log number and giving extra attention to any applicants who have been marked preferential. The Affordable Housing Lottery works with developers to build properties in all five boroughs, offering apartments to New Yorkers at a reasonable rate.Īpplicants who qualify are randomly ordered and assigned a number.
How does the Affordable Housing Lottery work? Since then, he's continued to contribute to fair housing efforts by pushing for major rezoning in neighborhoods like East New York and overseeing a city-wide rent freeze on one-year leases. When Mayor Bill de Blasio took office in 2010, he launched one of the largest and most ambitious affordable housing plans ever seen, which included, "building 80,000 new affordable units and preserving 120,000 more under new planning initiatives and zoning changes," according to Curbed. History of NYC's Affordable Housing Lottery It's highly desirable, as it can make living in NYC affordable, but it's also competitive - in 2018, The New York Times reported that the odds of winning an affordable housing apartment were 1 in 592.īelow, you'll find everything you need to know about NYC's housing lottery, from its history to how it works. Luckily, there's one thing the Big Apple offers that not every city does: a housing lottery, which helps people find affordable housing. It's a tough process filled with ups and downs.
In New York City, finding the right apartment can feel like hitting the jackpot.
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