New York City Housing Lottery

The Department of Housing Preservation and Development (HPD) works with real estate professionals and community sponsors who sell or rent apartments at affordable prices to low- and moderate-income households. Applicants to City-subsidized affordable housing are not required to pay a fee to apply. Each developer designates a managing agent for this process and we provide the information given to us as to where and when applications are available. HDC-financed apartments are rented to tenants that qualify under the program requirements. In order to ensure fairness to all applicants, the owner needs to certify that an applicant’s income falls within the income guidelines. All information is confidential and the managing agents handle this information with the utmost discretion. For self-employed applicants net income is analyzed, which includes net business income from current and prior years. Such applicants must have at least two complete years in the same self-employed field. Every applicant’s income, both current and recent past, will be considered in evaluating eligibility and used to document a continuing need for housing assistance. Furthermore, please note that all sources of income must be able to be documented and verified. Applications are randomly selected and entered into a log book.* Selected applications are then reviewed to determine that complete information was provided and the applicant is apparently income eligible. These applicants will then be notified to provide further information to ensure eligibility. After the initial rent up of the development, if there are more selected applicants than there are apartments, the managing agent will maintain a waiting list to possibly fill any future vacancies. Based on the volume of applications received, it is not always possible to open all applications. For HDC-financed middle-income apartments, if you apply during the lottery process, you do not have to pay a broker's fee. However, if apartments remain unoccupied after the lottery process, the owner may hire a broker to help rent these apartments. Based on the volume of responses to a lottery, it is not always possible for every application to be opened. If your application is selected and opened, you will be notified in writing by the developers and their managing agents as to your eligibility status. However, it is possible that your application may not be selected in the lottery, in which case you will not be contacted. Owners have the discretion to close a waiting list. If you are on a waiting list, the developer may require you to renew your status as an interested applicant by contacting their office every six to twelve months. Your eligibility to rent one of these apartments is determined by your income at the time you are offered the apartment. HDC-financed low-income developments. They are processed in the same manner as all other applicants and must meet all applicable eligibility criteria. Of course, the rent of the specific apartment in question must be within the maximum level allowable under the applicant’s voucher or certificate. Rent Guidelines Board. However, these increases are limited by restrictions on rent increases in the low-income housing programs. HFA financed building, please contact the building owner or the managing agent. Look under the application information below to learn how to obtain an application to become a renter in these developments. Douglas Steiner-developed building topped out last December at 610 feet, it became the tallest building in the borough. The rest will be made available to people making less than 60 percent of the area median income. But in this case, the developer also wants to see whether you'll stick out in a swank building. Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.

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If, however, you do not give us enough information, we may not be able to contact you or help you resolve your concern. If, however, you do not give us enough information, we may not be able to contact you or help you resolve your concern.