July 15, 2021
Affordable housing has long been a topic at the forefront of NYC politics, but it gained even more attention with Mayor de Blasio's plan to preserve or build 300,000 affordable units by 2026, which has resulted in a slew of new lotteries, a new more user-friendly web portal, and an update to ease the process for immigrants and low-income New Yorkers. But the topic is not without its issues, especially with the city reeling in the wake of the pandemic. Many still wonder if the city is doing enough for affordability and if some of the available units are really affordable. Ahead, we break down the different types of affordable housing programs, how you can qualify and apply, and what happens if and when you get in.
Everything you need to know about affordable housing