Millions enter New York's Affordable Housing Lottery each year, though only a select few are fortunate enough to land a low-cost place in America's busiest city.
What is the New York Affordable Housing Lottery
The New York City Housing Lottery is a program run by the New York City Department of Housing Preservation and Development and the New York City Housing Development Corporation.
Read more: How to Calculate How Much House You Can Afford
The lottery aims to provide affordable and rent-controlled housing opportunities for low- to moderate-income New Yorkers.
Developers set aside a portion of their buildings to participate in the lottery, which will become available to prospective tenants at below market price.
Applications are sent by mail or run online through New York City's Housing Connect portal.
Read more: How to Buy a House With Bad Credit
Entrants are assessed based on income and household size, as well as other criteria which vary for each open listing. Eligible applicants are then selected based on a random lottery system, before being invited to interview. If successful, they will be offered an available unit based on their lottery number and preferences.
Natasha Kersey, deputy press secretary for New York City's department of Housing Preservation & Development, spoke to Newsweek about the impact of the project.
Read more: Step-by-Step Guide on How to Qualify for a Mortgage
"HPD's Housing Connect Lottery is instrumental in providing thousands of families with new affordable housing each and every year," Kersey said. "In 2023 alone, the city achieved a record-breaking milestone by connecting nearly 15,000 households to affordable homes."
However, the number of applicants each month far exceeds the number of available properties, and so New Yorkers are encouraged to apply for as many opportunities as possible.
Here is a list of bids closing in June, taken from the website of Housing Connect.
Bids closing in June
Brooklyn
93 Gerry St, Brooklyn, NY 11206
Eligible Income: $149,863 - $250,380
Household Size: 3 - 7
2 Units available: 2 Three-Bedroom
Lottery ends: 06/24
2767 Atlantic Avenue Apartments
2767 ATLANTIC AVENUE, BROOKLYN, NY 11207
Eligible Income: $29,795 - $218,010
Household Size: 1 – 5
13 Units available: 2 Studios, 4 One-Bedroom, 7 Two-Bedroom
Lottery ends: 06/24
2411 64th St, Brooklyn, NY 11204
Eligible Income: $75,943 - $218,010
Household Size: 1 - 5
3 Units Available: 1 One-Bedroom, 2 Two-Bedroom
Lottery ends: 06/28
369 Quentin Rd, Brooklyn, NY 11223
Eligible Income: $77,349 - $154,080
Household Size: 2 - 7
14 Units Available: 13 Two-Bedroom, 1 Three-Bedroom
Lottery ends: 06/26
2777 Atlantic Avenue Apartments
2777 ATLANTIC AVENUE, BROOKLYN, NY 11207
Eligible Income: $26,092 - $181,740
Household Size: 1 - 3
19 Units Available: 6 Studios, 13 One-Bedroom
Lottery ends: 06/27
Queens
101-07 91st St, Queens, NY 11416
Eligible Income: $86,400 - $181,740
Household Size: 1 – 3
4 units available: 4 One-bedroom
Lottery ends: 06/25
Bronx
138 Brucker Boulevard Apartments
138 Bruckner Blvd, Bronx, NY 10454
Eligible Income: $105,875 - $218,010
Household Size: 1 – 5
135 Units Available: 8 Studios, 93 One-Bedroom, 34 Two-Bedroom
Lottery ends: 06/24
2621 GRAND AVENUE, BRONX, NY 10468
Eligible Income: $84,755 - $181,740
Household Size: 1 – 3
11 Units Available: 2 Studios, 9 One-Bedroom
Lottery ends: 06/25
2438 Lyvere Gardens Apartments
2438 LYVERE STREET, BRONX, NY 10461
Eligible Income: $44,572 - $218,010
Household Size: 1 - 5
14 Units available: 2 Studios, 11 One-Bedroom, 1 Two-Bedroom
Lottery ends: 06/26
3991 Saxon Ave, Bronx, NY 10463
Eligible Income: $105,840 - $250,380
Household Size: 1 - 7
17 Units Available: 4 Studios, 1 One-Bedroom, 8 Two-Bedroom, 4 Three-Bedroom
Lottery ends: 06/27
Manhattan
112 Seaman Ave, New York, NY 10034
Eligible Income: $48,858 - $218,010
Household Size: 1 - 5
8 Units Available: 1 Studios, 6 One-Bedroom, 1 Two-Bedroom
Lottery ends: 06/25
Recently closed this month
649 HART STREET, BROOKLYN, NY 11221
Eligible Income: $105,223 - $218,010
Household size: 1-5
12 units available: 2 Studios, 6 One-Bedroom, 4 Two-Bedroom
Lottery ended: 06/20/2024
1946 OCEAN AVENUE, BROOKLYN, NY 11230
Eligible Income: $85,715 - $218,010
Household size: 1-5
15 units available: 2 One-Bedroom, 13 Two-Bedroom
Lottery ended: 06/20/2024
5-22 49th Avenue Apartments, NY 111-1
5-22 49th Ave, Queens, NY 11101
Eligible Income: $111,532 - $218,010
Household size: 1-5
9 units available: 4 One-Bedroom, 5 Two-Bedroom
Lottery ended: 06/21
Elmcor Permanent Supportive Residences, NY 11368
104-10 NORTHERN BOULEVARD, CORONA, NY 11368
Eligible Income: $0 - $74,580
Household Size: 1 – 2
9 Units available: 9 Studios
Lottery ended: 06/21
31-18 30 STREET, ASTORIA, NY 11106
Eligible Income: $102,686 - $218,010
Household Size: 1 - 5
5 Units Available: 4 One-Bedroom, 1 Two-Bedroom
Lottery ended: 06/21
51 West 174th Street Apartments
51 WEST 174 STREET, BRONX, NY 10453
Eligible Income: $105,223 - $161,590
Household Size: 1 – 2
8 Units Available: 8 Studios
Lottery ended: 06/21
2093 Matthews Avenue Apartments
2093 Matthews Ave, Bronx, NY 10462
Eligible Income: $83,658 - $218,010
Household Size: 1 – 5
13 Units Available: 2 Studios, 9 One-Bedroom, 2 Two-Bedroom
Lottery ended: 06/21
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