According to the New York Times, entrants to the New York City’s housing lottery have waited years, through a tiresome and complex process. Now the system is getting an overhaul.
Questions:
- What type of eligibility does a lottery applicant have to prove prior to being qualified for an apartment in New York’s housing program?
- What was the ratio of applications to number of units in 2013?
- How will the new system streamline the system?
- How many affordable homes have been created or preserved in the low-cost program since 2014?
Source:
Haag, M. (2020). 25 Million Applications: The Scramble for N.Y.C. Affordable Housing. The New York Times, June 15 (Retrievable online at https://www.nytimes.com/2020/06/15/nyregion/nyc-affordable-housing-lottery.html)