Affordable Housing
More People Snagged Units in NYC Housing Lotteries Last Year, But Wait Times Grew
Sanjida Akter, Jieni Zheng, Melisa Kayatekin, Tasmia Afrin, Marco Estrada and Jeanmarie Evelly |
The city’s affordable housing lotteries are notoriously competitive, but new data shows some progress: in the most recent fiscal year that ended in June, 6,173 applicants were approved for a unit through the lottery system, up nearly 24 percent from the fiscal year prior. But the approval process took longer for applicants than the year before, and the odds remain tough.
