![58 Vanderbilt Avenue (Housing Connect)](https://thumbs.cityrealty.com/assets/smart/848x/webp/f/fc/fc773e969d3f422fcbf231d68a7ceecaae16b395/58-vanderbilt-avenue-01.jpg)
Updated 6/29/2023 with new lotteries in Gramercy, East Harlem, Downtown Brooklyn, Williamsburg, Greenpoint, Bedford-Stuyvesant, Prospect Heights, Clinton Hill, Mott Haven, and the Bronx.
It has always been expensive to live in New York, but new numbers have just emerged to show how expensive: A report from April 2023 found that to comfortably afford rent (i.e., not pay more than 30% of income on rent, as many economists recommend but few renters do in practice), a New Yorker would have to make $134,000/year. It came out on the heels of another study found that between taxes and adjustments for the high cost of living, it takes a salary of over $300,000 per year to bring home $100,000 per year.
Elected officials agree that the housing shortage is a problem for New Yorkers, but solutions have proven elusive. Governor Hochul began the year with an ambitious housing plan for the city and state as a whole, but suburban officials opposed it on grounds that it would erode local control; the most recent legislation passed with very few housing-related bills being passed. At a city level, Mayor Adams vetoed a package of bills that would expand access to the city's housing vouchers on grounds that it would be too expensive. A short time later, the city budget was announced with little news in the way of housing. This comes at a time when the end of 421a has resulted in fewer new rental developments and plummeting building applications.
In the meantime, there is a large number of programs throughout the city and state to put housing closer within reach. This is good news for people seeking affordable housing, but each has its own rules and restrictions to navigate. This article focuses on New York City and New York State programs designed to assist renters.
It has always been expensive to live in New York, but new numbers have just emerged to show how expensive: A report from April 2023 found that to comfortably afford rent (i.e., not pay more than 30% of income on rent, as many economists recommend but few renters do in practice), a New Yorker would have to make $134,000/year. It came out on the heels of another study found that between taxes and adjustments for the high cost of living, it takes a salary of over $300,000 per year to bring home $100,000 per year.
Elected officials agree that the housing shortage is a problem for New Yorkers, but solutions have proven elusive. Governor Hochul began the year with an ambitious housing plan for the city and state as a whole, but suburban officials opposed it on grounds that it would erode local control; the most recent legislation passed with very few housing-related bills being passed. At a city level, Mayor Adams vetoed a package of bills that would expand access to the city's housing vouchers on grounds that it would be too expensive. A short time later, the city budget was announced with little news in the way of housing. This comes at a time when the end of 421a has resulted in fewer new rental developments and plummeting building applications.
In the meantime, there is a large number of programs throughout the city and state to put housing closer within reach. This is good news for people seeking affordable housing, but each has its own rules and restrictions to navigate. This article focuses on New York City and New York State programs designed to assist renters.
![New York-CIyt-housing-3](https://thumbs.cityrealty.com/assets/smart/1004x/webp/1/1e/1ef0436fc0982c89859f9bc9222f57f226dbcac1/new-york-ciyt-housing-3.jpg)
In this article:
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• NYC Housing Connect Lotteries
If you’re interested in an affordable housing unit, the first thing to do is visit the NYC Housing Connect website and find out if you qualify and more specifically, find out if you qualify for any current housing lotteries (different lotteries may have different types of units available). Next, apply on the NYC Housing Connect website by opening an account. Then you just have to wait and see if your number is called. If it is, you’ll then be asked to compile hundreds of pages of paperwork,and undergo an interview. If the paperwork is too daunting, reach out to an NYC Housing Ambassador or contact a Ready to Rent Office in your borough. If your paperwork and interview check out, you may still find yourself waiting and you may never even be granted a unit. This is because NYC housing lotteries select more applicants than there are available units. While this may sound unfair, there are two reasons this is generally done: First, many people are disqualified once they submit their paperwork, and second, the process is so onerous, many New Yorkers drop out of the process before ever gaining access to a unit.
The benefits of entering a housing lottery are fairly obvious—if you “win," you’ll end up with an affordable or reasonably affordable rent stabilized apartment in New York City. Also, many of the available units are highly desirable. Housing lottery units are often housed in swank new mixed-income buildings with appealing amenities from state-of-the-art gyms to roof-top decks to game rooms. The downside of the housing lottery system is that much is left up to chance, the paperwork is onerous, and if you’re in the top 25% percent of eligible applicants, you may still end up paying close to market rent for your unit.
More information and a list of past lotteries can be found here.
The benefits of entering a housing lottery are fairly obvious—if you “win," you’ll end up with an affordable or reasonably affordable rent stabilized apartment in New York City. Also, many of the available units are highly desirable. Housing lottery units are often housed in swank new mixed-income buildings with appealing amenities from state-of-the-art gyms to roof-top decks to game rooms. The downside of the housing lottery system is that much is left up to chance, the paperwork is onerous, and if you’re in the top 25% percent of eligible applicants, you may still end up paying close to market rent for your unit.
More information and a list of past lotteries can be found here.
![NYC-affordable-housing-04](https://thumbs.cityrealty.com/assets/smart/1004x/webp/9/9d/9d3819ac13d413b56eb2ac974183b3dee39cee89/nyc-affordable-housing-04.jpg)
If you have any questions related to the following lotteries, please direct them to Housing Connect. CityRealty is not affiliated with affordable housing lotteries and cannot offer assistance in this regard.
![2882-86th-Street-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/c/c0/c001d05668cb967be3faa5c22040ab4409cdbcc4/2882-86th-street-01.jpg)
Two 2-bedroom apartments are available at 2882 86 Street in Brooklyn. This building is anticipated to receive a Tax Exemption through the 421a Tax incentive program of the New York City Department of Housing Preservation and Development.
![2882-86th-Street-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/b/b7/b78809599e08c8b0d416039b9affe25048d689bf/2882-86th-street-02.jpg)
101 Lincoln Avenue
132 units from $2,525/month | Deadline November 16, 2023
![101-Lincoln-Avenue-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/9/97/97b2ace52f2634994a035b2bb2d9abd881d6ced7/101-lincoln-avenue-01.jpg)
Introducing Lincoln at Bankside - Phase 2: Where Impeccable Design Meets Modern Convenience. Each unit is outfitted with stainless steel appliances, in-home washer/dryer, and dishwasher. Experience a wonderful package of amenities* from concierge, fitness center, game room, co-working lounge, kids playroom, outdoor terrace, indoor pool, basketball court, and reservable event spaces to name a few. Rent variation for 1-bedroom units $2,825 and $3,075 (walk-in closet and/or kitchen island and/or water view). This building is anticipated to receive a Tax Exemption through the 421a Tax Incentive Program of the New York City Department of Housing Preservation and Development.
![101-Lincoln-Avenue-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/e/e1/e1028b29f96494767c604f14bbcc3aa671d6564a/101-lincoln-avenue-02.jpg)
![911-Bryant-Avenue-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/3/33/33581d084d669eb2c9709ac19476ef4538f5ae6f/911-bryant-avenue-01.jpg)
Experience the Bronx at 911 Bryant Ave. like never before! This new building offers two rent-stabilized, modern, spacious 1-bedroom apartments. This building is anticipated to receive a Tax Exemption through the 421a Tax incentive program of the New York City Department of Housing Preservation and Development.
![911-Bryant-Avenue-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/3/3b/3b68a967cc03e70a2709641155436fa442aeb7ab/911-bryant-avenue-02.jpg)
![703-West-171st-Street-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/9/9d/9d6e4f7330987fd7ccb71fe1908e532739b4eea9/703-west-171st-street-01.jpg)
703 W 171st is located in Washington Heights steps away from NY Presbyterian Hospital. Furthermore, floor-to-ceiling windows allow for hours of sunlight that encompass the entire unit. This building is anticipated to receive a Tax Exemption through the 421a Tax Incentive Program of the New York City Department of Housing Preservation and Development.
![703-West-171st-Street-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/1/1a/1a4bd65c2667340f71575b06f5f92c125045a07f/703-west-171st-street-02.jpg)
![2454-East-15th-Street-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/9/98/989f88ebd5fc88885187a698f837382b215046f9/2454-east-15th-street-01.jpg)
These huge, airy units will be a dream come true for every New Yorker out there! This building is anticipated to receive a Tax Exemption through the 421a Tax incentive program of the New York City Department of Housing Preservation and Development.
![2454-East-15th-Street-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/6/6c/6cda36b95c941a48e440a2b5bf5f6b62466a791b/2454-east-15th-street-02.jpg)
![630-Grand-Street-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/e/e2/e23f9214f6b33908b70c2731699afa4f7ea6a607/630-grand-street-01.jpg)
Located in East Williamsburg, 630 Grand Street is the perfect place to call home. The newly constructed building offers a furnished rooftop and equipment gym. Each unit feature high-end finishes and appliances and floor-to-ceiling windows. All units feature balconies for tenants to enjoy. This building is anticipated to receive a Tax exemption through the 421a Tax Incentive Program of the New York City Department of Housing Preservation and Development.
![630-Grand-Street-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/7/7e/7e0e393d000bb1db0e448f956ae9ee1a9a941c42/630-grand-street-02.jpg)
![27-23-27th-Street-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/b/b3/b33c5a21e1a4d0e5282b64bee3f17a672b791fc7/27-23-27th-street-01.jpg)
27-23 27th Street Apartments is offering 3 newly constructed units in Astoria, Queens. This building is anticipated to receive a Tax Exemption through the 421a Tax incentive program of the New York City Department of Housing Preservation and Development.
![27-23-27th-Street-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/b/bb/bb8735cdc963be074f50e39911eaca1102556012/27-23-27th-street-02.jpg)
![25-56-97th-Street-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/0/06/06e63ec280737507af8d74ffbb8658a6c3923a31/25-56-97th-street-01.jpg)
This building is anticipated to receive a Tax Exemption through the 421a Tax Incentive Program of the New York City Department of Housing Preservation and Development. The building is newly constructed and the two-bedroom vacant apartments are move-in ready.
![25-56-97th-Street-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/b/b8/b87c3800da93ea665af44f569492ff2115dadd1e/25-56-97th-street-02.jpg)
![1073-Tiffany-Street-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/8/82/82c75bc16925a00d5dbc4e118cc20f612205da73/1073-tiffany-street-01.jpg)
Welcome to 1073 Tiffany Street Apartments! Amenities include security cameras, air conditioning, split unit heating and cooling, high-end countertops and finishes, high-end kitchen appliances, intercommunication devices, hardwood floors, energy-efficient appliances, smoke-free, accessible entrance, and bike storage lockers. This building is anticipated to receive a Tax Exemption through the 421a Tax incentive program of the New York City Department of Housing Preservation and Development.
![1073-Tiffany-Street-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/9/9c/9c51517541e0f13013b475028ef6e82f7cf629c4/1073-tiffany-street-02.jpg)
![26-12-4th-Street-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/c/ce/ce2ee45d5cb9e8e74cc31fb50c22796129ef2a04/26-12-4th-street-01.jpg)
Welcome to the beautiful apartments at 26-12 4th Street! Our spacious layouts offer beautiful modern finishes, living rooms with balcony and open views. The apartment features floor to ceiling windows, recessed lighting throughout, hardwood floors, open kitchens with stainless steel appliances, dishwasher and all in-one washer/dryer, sleek spa inspired bathrooms with pocket door. Roomy bedrooms with good closet space. Parking is available! This building is anticipated to receive a Tax Exemption through the 421a Tax incentive program of the New York City Department of Housing Preservation and Development.
![26-12-4th-Street-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/6/62/626a9e56d252b73197bd069555df01f5ceb1482a/26-12-4th-street-02.jpg)
![31-18-31st-Avenue-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/5/54/54ea32ed11686f1cf341be244e3417ef9cd04448/31-18-31st-avenue-01.jpg)
This building is anticipated to receive a Tax Exemption through the 421a Tax incentive program of the New York City Department of Housing Preservation and Development. Amenities include Washers and dryers in units, High-end kitchen appliances, High-end countertops and finishes, Energy-efficient appliances, Air-conditioning, Patio or balcony, gym, rooftop terrace, storage, elevator, and smoke-free.
![31-18-31st-Avenue-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/f/fa/faa7ba753595339f256d1b8691571fa2923a32a6/31-18-31st-avenue-02.jpg)
77 Commercial Street
230 units from $848/month | Deadline November 27, 2023
![77-Commercial-Street-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/e/eb/ebf64e7eb66c0432f723ad0f9cb6cb801141b2e1/77-commercial-street-01.jpg)
This building is being constructed through the Inclusionary Housing Program and is anticipated to receive a Tax Exemption through the 421-a Tax Incentive Program of the New York City Department of Housing Preservation and Development. These studios, one, two, and three-bedroom apartments boast timeless designs and exceptional first-class amenities that enhance your living experience. Tower 77's interiors reflect an appreciation for quality. Inspired by the simplicity of natural elements, the apartments boast oversized windows which bathe the units in natural light. Bright and airy kitchens flow into expansive, light-filled living areas to create uplifting and comfortable living spaces. Indulge in more than 40,000 sf of amenities programmed for health, wellness, relaxation, and entertainment all year long. Amenities include an inviting lounge, business center, children’s playroom, outdoor terrace and BBQ grilling station. Relax and unwind with the indoor pool, sauna and spa. Empower and energize with the state-of-the-art fitness center, tennis court, and basketball court.
![77-Commercial-Street-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/7/7c/7cf549f86f786ab29faa144475f8abe45896fc77/77-commercial-street-02.jpg)
![277-Throop-Avenue-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/8/83/839e0480ec7b5da667d1aeea9febb0e18daed890/277-throop-avenue-01.jpg)
Welcome to 277 Throop Ave Apartments! With its super spacious duplex* units located in the prime area of Stuyvesant Heights, this housing opportunity is a true rarity. Amenities include air conditioning, patio or balcony, dishwashers in unit, washers and dryers in unit, intercommunication device, hardwood floors, online payment options, security cameras. No pets allowed with the exception of service animals. This building is anticipated to receive a Tax Exemption through the 421a Tax incentive program of the New York City Department of Housing Preservation and Development.
![277-Throop-Avenue-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/e/ef/ef4bb7835aa3495ee43400df9b5dad4506f589d4/277-throop-avenue-02.jpg)
![45-57-Davis-Street-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/2/27/27298337144554f0c78611e3d8cdb8b01c4d919a/45-57-davis-street-01.jpg)
This luxury building, with its gorgeous, large apartments, will be a dream come true for every New Yorker out there! 45-57 Davis Street Apartments currently has 4 vacancies, and is accepting applications for future vacancies as well. This building receives a Tax Exemption through the 421a-16 Tax Incentive Program of the New York City Department of Housing Preservation and Development.
![45-57-Davis-Street-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/b/bb/bbaa47d4d89e5139c8792c9764e624a1d5bb5ae9/45-57-davis-street-02.jpg)
2233 Bathgate Avenue, Belmont
![2233-Bathgate-Avenue-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/4/41/419a9da9b41735d054c9f2e4ddc5bc25a59797cb/2233-bathgate-avenue-01.jpg)
This building is anticipated to receive a Tax Exemption through the 421a Tax incentive program of the New York City Department of Housing Preservation and Development. The building is smoke-free, and all residences include energy-efficient appliances, including dishwashers.
![2233-Bathgate-Avenue-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/a/aa/aa84b82865d7677369354499b4e5d0d1e94db304/2233-bathgate-avenue-02.jpg)
1230 Prospect Avenue, Longwood
![1230-Prospect-Avenue-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/6/67/673435fa5a8a013b5230a49c4c403e68eec0e0c6/1230-prospect-avenue-01.jpg)
The building is anticipated to receive a tax exemption through the 421a-16 tax incentive program of the New York City Department of Housing Preservations and Development. Residents will appreciate the indoor/outdoor amenity package such as modern kitchens designed with high end appliances, outdoor terrace, bike storage, and so much more!
![1230-Prospect-Avenue-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/1/18/18f40600078679cbf5ca225ed3b0d1fbaac3b3c1/1230-prospect-avenue-02.jpg)
![1-Boerum-Place-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/4/4f/4f147f818d1e98040b46e85281e379a988891b9a/1-boerum-place-01.jpg)
This building has received a Tax Exemption through the 421a Tax Incentive Program of the New York City Department of Housing Preservation and Development. Units are currently available in studio and one bedroom configurations. Amenities include a two-story fitness center, swimming pool, sauna, an entertainment lounge, a children’s playroom, a 24/7 doorman and concierge service, a parking garage (fees apply), a bike storage and storage room (fees apply), and a landscaped rooftop deck with an outdoor kitchen and seating.
![1-Boerum-Place-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/d/dc/dca80865a41544400e458ebb5173a8ed84f1f601/1-boerum-place-02.jpg)
![5-Withers-Street-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/5/50/508f60da044abf6be6fd8d44fd051529a2885191/5-withers-street-01.jpg)
5 Withers Street Apartments is perfectly located in the close parameters of McCarren Park and just minutes away from the G and L trains Stations. Each unit features high-end kitchen appliances, countertop and furnishes. Floor to ceiling windows enhance the units with an abundance of sunlight. Amenities include a gym, lounge and rooftop terrace for tenants to enjoy. This building is anticipated to receive a Tax exemption through the 421a Tax Incentive Program of the New York City Department of Housing Preservation and Development.
![5-Withers-Street-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/3/35/35b3ccee8867c1afc16d1652caed07b529076463/5-withers-street-02.jpg)
![1111-Foster-Avenue-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/6/69/6985d76b939faf025b68e8765f680bf912be3ca3/1111-foster-avenue-01.jpg)
1111 Foster Avenue Apartments are accepting applications for current and future vacancies. Pet-friendly building, parking with limited availability, amenities include bike storage, laundry in building, high-end kitchen appliances, dishwasher in unit, air conditioning, balcony, common area Wi-Fi, high speed internet, gym, and outdoor terrace. This building is anticipated to receive a Tax Exemption through the 421a Tax Incentive program of the New York City Department of Housing Preservation and Development.
![1111-Foster-Avenue-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/7/7a/7ad0e21cbbe27707a8bacab570c7c99872d233d7/1111-foster-avenue-02.jpg)
![1739-Grand-Avenue-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/9/99/99d261528eeadc54ee2856f3f360283f875beef0/1739-grand-avenue-01.jpg)
This luxury building, with its gorgeous, large apartments, will be a dream come true for every New Yorker out there! This building is anticipated to receive a Tax Exemption through the 421a Tax incentive program of the New York City Department of Housing Preservation and Development.
![1739-Grand-Avenue-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/6/6a/6ac78c7bc7d27bec4e1d29fca7ffaa1e282925c3/1739-grand-avenue-02.jpg)
100 Flatbush Avenue
45 units from $763/month | Deadline December 11, 2023
![100-Flatbush-Avenue-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/6/6a/6a2a6c98d944b4f02a10e5a51181b4e9a230d5b6/100-flatbush-avenue-01.jpg)
505 State Street Apartments is located within a mixed-use development in the heart of Downtown Brooklyn. Each apartment is finished with thoughtfully sourced and natural materials wherever possible. Energy efficient appliances, induction cooktop, in-home washer/dryer and dishwasher provide additional convenience. No-fee building amenities include attended lobby with 24/7 concierge, mail & package room, product library, gym with yoga studio, grow room, workspace with kitchen, conference rooms, “zoom” rooms, kids room, lounge with kitchen & outdoor terrace, screening room, rooftop pool & terrace with 360 views, rooftop cabanas with seating & grills, and rooftop living room with full kitchen to name a few. This building is being constructed through the Inclusionary Housing Program and is anticipated to receive a Tax Exemption through the 421-a Program of the New York City Department of Housing Preservation and Development.
![100-Flatbush-Avenue-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/f/f6/f632b9e765a97912f0ebd247389a764522342041/100-flatbush-avenue-02.jpg)
![333-Linden-Boulevard-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/1/17/17464135f028904f1a5dd423742281fd6e29edff/333-linden-boulevard-01.jpg)
This building is anticipated to receive a Tax exemption through the 421a Tax Incentive Program of the New York City Department of Housing Preservation and Development. The façade and huge windows specify its individuality. Amenities include a fitness center, lounge, a rooftop deck, outdoor terrace, covered parking, bike storage lockers, electric car charging station, storage, gated access, recycling center and package lockers (fees may apply to amenities).
![333-Linden-Boulevard-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/7/72/72b684a3a8fa98454b2ad21f0494fc59273d8121/333-linden-boulevard-02.jpg)
153-10 88th Avenue
67 units from $1,585/month | Deadline December 20, 2023
![153-10-88th-Avenue-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/7/7f/7f51d2b3c339a2c089e641adaa89879303cf6581/153-10-88th-avenue-01.jpg)
153-10 88th Avenue introduces a new standard for luxury in Queens, a unique combination of style, convenience and elevated living with infinite possibilities. Positioned on one of the most charming and quiet streets in all of Jamaica. Studios, various one-bedroom layouts and expansive two-bedroom residences boast open concept layouts. Residents enjoy spaces for fitness, fun, and relaxation within this intimately sized building. Indoor amenities including a library lounge and fitness center with a yoga studio, and gaming room. Just past the lobby is THE 88’s 10,000 square foot Infinity Garden that is as serene as it is beautiful. At the top of the building are two expansive Resort-style Roof Decks featuring pergola-shaded dining areas and grilling stations, multiple lounging options, an open lawn space and open vistas capturing the hills of Jamaica.
This building was constructed through the Inclusionary Housing Program and received a Tax Exemption through the 421-a Tax Incentive Program of the New York City Department of Housing Preservation and Development.
This building was constructed through the Inclusionary Housing Program and received a Tax Exemption through the 421-a Tax Incentive Program of the New York City Department of Housing Preservation and Development.
![153-10-88th-Avenue-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/f/fa/fa2d2c9fcca671cb4565c0b6356bb7211763d085/153-10-88th-avenue-02.jpg)
3073 Barker Avenue, Bronx
![3073-Barker-Avenue-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/a/a2/a2e4a552b57da5e3cc462c514c127b3a7c4d5f9e/3073-barker-avenue-01.jpg)
This building is anticipated to receive a Tax Exemption through the 421a Tax incentive program of the New York City Department of Housing Preservation and Development. Amenities include bike room, lounge, rooftop terrace, and virtual doorman.
![3073-Barker-Avenue-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/7/76/7694cdd4554a4b04b0317f4bb55fa6e4178b11f9/3073-barker-avenue-02.jpg)
![210-Clarkson-Avenue-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/2/2c/2c7a0925b16454518cf0c4db1584492da5295f0e/210-clarkson-avenue-01.jpg)
Located in Prospect Lefferts Gardens, 210 Clarkson sets a new standard for the neighborhood. This newly constructed apartment complex comes complete with state-of-the-art amenities, refreshingly modern residences, and stylish common areas that are ideal for entertaining. Proximity to Prospect Park, transit stops, delicious eateries, exciting nightlife, and a grocery store located on the building’s ground floor makes the location simply unparalleled. This building is anticipated to recieve a Tax Exemption through the 421a-16 Tax Incentive Program of the New York City Department of Housing Preservation and Development.
![210-Clarkson-Avenue-02](https://thumbs.cityrealty.com/assets/smart/1004x/webp/5/5e/5ee79434491e88f1d02c78908281b9dc3bebed2b/210-clarkson-avenue-02.jpg)
2938 West 16th Street, Coney Island
![2938-West-16th-Street-01](https://thumbs.cityrealty.com/assets/smart/1004x/webp/7/7f/7ff6ec4b106c5dc8973569c9e93f7ea1263fadd5/2938-west-16th-street-01.jpg)
This building was constructed through the Extremely Low & Low-Income Affordability (ELLA) Program of the New York City Housing Development Corporation (HDC) and the New York City Department of Housing Preservation and Development (HPD) and the Mandatory Inclusionary Housing (MIH) Program of HPD. 375 spacious new construction rental apartments in Coney Island (Brooklyn CB 13) close to the beach, local stores, and restaurants. Units feature brand-new finishes and appliances and plenty of closet space.
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The lotteries run through Housing Connect are perhaps the city's best-known resource for affordable housing, and it shows: An article in The New York Times noted that the odds of securing an affordable apartment through a housing lottery are one in 592. This is daunting, but it is also not the only option in town. There are several programs to help renters on low and fixed incomes, not to mention other options for middle-income New Yorkers who might need help finding adequate housing.
• NYCHA Developments
Income restrictions are generally lower than they are for affordable housing programs, but they do include a wide range of New Yorkers (e.g., a family of four can have a household income up to $83,450). There are also a few other requirements to apply for a NYCHA unit. First, you must meet NYCHA’s definition of family, which is either a single person or “Two or more persons related by blood, marriage, domestic partnership, adoption, guardianship, or court awarded custody.” In addition, your admission to a public housing development cannot endanger the welfare and safety of other residents. Finally, you and your co-applicant (spouse or domestic partner, if any) must be at least 18 years of age or an emancipated minor. To apply, visit the NYCHA website.
NYCHA (New York City Housing Authority) aims to provide “decent and affordable housing in a safe and secure living environment for low- and moderate-income residents throughout the five boroughs.” NYCHA also happens to be the largest public housing program in the United States. Since its inception, the program has created more than developments across the city’s five boroughs. In fact, NYCHA units currently represent 8% of the city’s rental apartments. To find out where NYCHA buildings are located, consult the city’s downloadable map or interactive map. Notably, NYCHA has different types of units for different demographics (e.g., some NYCHA buildings are for seniors exclusively).
So, what do you get if you qualify for a NYCHA unit? The average NYCHA unit rents for $522 per month, making it the most affordable way for families to live in New York City. However, many NYCHA developments are also in disrepair and in some cases, the buildings have even been deemed dangerous. In July 2018, reports surfaced that when tested, 820 children under six living in NYCHA units had elevated levels of lead in their blood. While the city currently has expressed many good intentions about repairing NYCHA buildings, but there is a lot of work to be done and deep federal cuts to NYCHA’s capital budget aren’t helping matters.
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• Section 8
NYCHA not only oversees a large part of New York City’s rental housing but also administers the Section 8 program. There are currently approximately 90,000 Section 8 homes in New York City and over 29,000 owners participate in the program.
Section 8 is a voucher program that offers assistance to eligible low- and moderate-income families (income restrictions can be found here) who are struggling to pay rent on the private market. For example, if you’re a family of four living on up to $52,150, you are eligible for Section 8 assistance. But qualifying for Section 8 doesn’t mean that you won’t pay any rent at all. The program is simply designed to ensure families don’t pay more than 40% of their adjusted monthly income toward their rent. NYCHA pitches in the remaining amount on the family’s behalf and owners receive what is known as a Housing Assistance Payment directly for the authority. You can learn more about Section 8 and apply on the NYCHA website.
Section 8 is a voucher program that offers assistance to eligible low- and moderate-income families (income restrictions can be found here) who are struggling to pay rent on the private market. For example, if you’re a family of four living on up to $52,150, you are eligible for Section 8 assistance. But qualifying for Section 8 doesn’t mean that you won’t pay any rent at all. The program is simply designed to ensure families don’t pay more than 40% of their adjusted monthly income toward their rent. NYCHA pitches in the remaining amount on the family’s behalf and owners receive what is known as a Housing Assistance Payment directly for the authority. You can learn more about Section 8 and apply on the NYCHA website.
• Mitchell-Lama Rentals
Mitchell-Lama is a housing program for both renters and buyers in New York State. Currently, to qualify for a Mitchell-Lama rental unit, depending on your family size, the income cut-offs range from $53,450 to $100,750. While rentals do become available in Mitchell-Lama buildings from time to time, the waitlists tend to be long. You can find a list of open Mitchell-Lama waitlists and check the status of current waitlists online.
If you do acquire a Mitchell-Lama rental, the rewards can be great. Most Mitchell-Lama units rent for $1000 to $2000 per month and this includes units large enough to house an entire family. However, simply getting a Mitchell-Lama takes many tenants years and even more than a decade.
If you do acquire a Mitchell-Lama rental, the rewards can be great. Most Mitchell-Lama units rent for $1000 to $2000 per month and this includes units large enough to house an entire family. However, simply getting a Mitchell-Lama takes many tenants years and even more than a decade.
![Averne-View-03](https://thumbs.cityrealty.com/assets/smart/1004x/webp/a/ab/ab91df430158cbbfc39028a7bb0c91d1eb70ed49/averne-view-03.jpg)
• Senior Citizens Rent Increase Exemption (SCRIE)
Currently, seniors are among the city’s most vulnerable residents. Indeed, over the coming years, the population of elderly New Yorkers is expected to increase dramatically. One program designed to directly assist the city’s elders is the Senior Citizens Rent Increase Exemption (SCRIE) Program. This program ensures that income-eligible people over 62 years of age who live in rent controlled or rent stabilized apartments are exempt from future rental increases.
Affordable Housing Programs for the Middle Class
In most cities, middle-class households don’t actually need assistance to rent a home. In fact, in most cities, middle-class families are more likely to own than rent. But New York City is an exception to the rule. Many middle-class families, including those making above $100,000 per year, struggle to find adequate housing. To help out, the city has recently ramped up its affordable housing program. These units are distributed through housing lotteries. While income restrictions still do apply, in the case of affordable housing, households can make up to $182,655 annually and still qualify. Another longstanding form of relief for renters is rent stabilization, which applies to approximately one million apartments in the city (find more information below).
• Rent Stabilization
Although New York has lost much of its rent stabilized apartment stock in recent years, these units do still exist, especially outside Manhattan. First and foremost, unlike other affordable housing programs, you don’t have to meet any special income requirements to rent a rent stabilized unit. If you work on Wall Street but don’t want to spend all your money on rent, you too can benefit from this program. How cheap are these units? While most rent stabilized units aren’t dirt cheap, they are priced well under market value because owners are not permitted to raise rents on such units above allowable annual thresholds (usually 1.5% to 2.5%). While some listings indicate that the unit is rent stabilized, the best rent stabilized units are often passed along via word of mouth or acquired by simply calling an owner directly to ask about availabilities. You can search for rent stabilized units on NYC Rent Guidelines Board website. If you think your current unit is rent stabilized but not being treated as a rent stabilized unit, you can also consult the city’s guidelines online.
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Navigating New York’s available programs for renters may not be easy, but many of these programs do offer considerable relief to renters. In addition, given the current administration’s stated commitment to building more affordable housing for New Yorkers, there is hope that moving forward, new programs targeting people living on low, fixed and middle incomes will be established.