Monday 29 June 2020

Poorest face worst odds in city’s housing lotteries

If it’s lonely at the top, it’s lonelier at the bottom for those seeking affordable housing. The less money you earn, the less likely you are to be chosen in New York City’s housing lottery, according to an analysis of 18 million applications by The City. Even before Mayor Bill de Blasio’s proposed cuts to the city’s capital budget — which will mean a loss of 21,000 affordable apartments over the next few years —



source https://therealdeal.com/2020/06/29/poorest-face-worst-odds-in-citys-housing-lotteries/

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