People with low and moderate incomes can rent affordable housing in New Yorkparticipating in the state Department of Housing’s low-rent apartment lottery, where More than 1,000 apartments are available.
The homes They are distributed in 34 buildings in the five boroughswith the exception of Staten Island.
New York is known internationally for its high housing costs, but with this option, residents have access to housing at rents that start at $498 dollars.
Handicapped accessible apartments are available. Some apartments have been remodeled and are available for people with mobility problems.
Those interested in participating should hurry, because The lottery closes between February 12 and April 3, depending on location.
New Yorkers who earn annual income can participate between $24,000 and $140,000 annually, with social security or an ITIN number. And you do not have to be a United States citizen to apply, which benefits undocumented people.
Housing lotteries in New York are part of programs given to developers to obtain tax breaks and lower-cost loans if they reserve a certain number of units for affordable housing in new buildings or recently renovated properties.
Generally these homes They have stabilized rentmeaning landlords can only increase rent by a certain percentage each year.
To see the list of available departments and how to participate, go to here.
Keep reading:
· Real estate market myths that affect buyers and sellers in the US today.
· Housing: Mortgage rates remain unchanged, but affordability remains an issue
· Places homebuyers are moving to in the US.
2024-02-13 15:19:19
#Housing #lottery #York #apply #rent #Diario
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