New Yorkers tell us it’s incredibly difficult to access affordable housing. Currently, if a resident wants to enter an affordable housing lottery, in most cases he or she will actually have to send a postcard to the developer – of each individual building - then wait for the paperwork, fill it out and mail it back.
So the City Council came up with a common sense solution – a one stop online application for affordable housing. This system will allow New Yorkers to create a profile so that they can apply for future affordable housing lotteries and also easily access the status the status of their application.
Identify Affordable Housing
The Speaker also announced a new partnership with NYU’s Furman Center that will create the city’s first ever system for tracking affordable housing. The system will identify the number of affordable units that exist, what program created them and when their protections are set to expire. This will allow efforts to protect expiring affordable to begin much earlier in advance, resulting in more units being preserved as affordable.