NYC Government subsidized affordable Housing - Brooklynian

NYC Government subsidized affordable Housing

http://www.nyc.gov/html/hpd/html/buyers/lotteries.shtml

So often, I read on Brooklynian about how people are unable to find affordable housing in NYC.

As you are aware, you need to meet extensive criteria in order to qualify for affordable rental and ownership housing in NYC, and even then the process is very arduous. That said, here are some resources:

AFFORDABLE CONDOS, COOPERATIVES AND HOMES FOR SALE THROUGHOUT NEW YORK CITY

If you are looking for an affordable home in New York City, please check out the many homeownership opportunities that are available on this website:

http://www.nyc.gov/html/hpd/html/buyers/lotteries.shtml

Mitchell-Lama Developments also allow the opportunity to own their home, and here is a list of the Open Waiting Lists:

http://www.nyc.gov/html/hpd/downloads/pdf/ML-waiting-Lists-Status.pdf

In the past, HRA and other agencies were able to provide renters with Section 8 Vouchers, which could then be used throughout the city. However, the city is no longer issuing these vouchers, and many landlords have decided that they will no longer participate in the program. As a result, prospective renters looking for an affordable apartment to rent are best off if they can qualify for an apartment created via Tax Credits:

http://www.nyc.gov/html/hpd/html/apartment/lotteries.shtml

Basic questions, re: affordable housing can be asked below, and I will attempt to answer them.

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