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AFFORDABLE HOUSING

In exchange for government grants and loans, for profit and non-profit developers have built many units of “affordable housing” in NYC. These subsidized units are rented to tenants through individual management companies and not through a government agency.

Key Program Points
Eligibility Requirements
Application Process
Supportive Housing
New Destiny's Housing

Key Program Points

  • Affordable housing units that rent up for the first time are usually filled through housing lotteries.
  • Affordable units that became vacant when tenants move out are often filled through waiting lists and other application procedures at individual housing developments.
  • Units must remain affordable for a certain number of years and must be accessible to households earning lower incomes.
  • Tenants in affordable housing usually pay approximately 30% of their income towards rent.
  • Tenants can stay as long as they want in these apartments as long as they remain good tenants.
  • Some affordable housing developers, like New Destiny Housing, provide a priority to domestic violence survivors in the application process.

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Eligibility Requirements

Because affordable housing developments are built with different funding sources, each has a unique application process and eligibility requirements. However, most affordable housing developers will consider similar characteristics.

Income: Most affordable housing developments are required to offer units to households within a certain income range for different unit sizes. These income requirements usually target households earning 40-120% of area median income.

Credit History: Most management companies will ask for a fee from applicants to conduct a credit check and will consider the credit history of prospective tenants during the application process.

Housing History: As part of the credit check, most management companies will also obtain a housing history to see if the prospective tenant has been to housing court or owes arrears to any other landlord. This is considered in the application process.

Criminal Background: As part of the credit check, most management companies will also run a criminal background check on all household members. This is considered in the application process.

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Application Process

When affordable housing developments are filled for the first time, the developer will hold a housing lottery for their affordable units. The Housing Preservation and Development (HPD) and the New York City Housing Development Corporation (HDC) can provide you with information about which buildings are accepting lottery applications in New York City.

In addition, there may be opportunities to find affordable housing when new re-rentals come up in these buildings. However, because of the different rules each housing development will have around applications, apartment seekers should contact individual management companies and organizations to find out information about housing availabilities and individual application processes.

Many developments will have waiting lists and applicants may have to wait a year or more before their name is selected from a waiting list.

Affordable housing developers and management companies can be identified on these websites:

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Supportive Housing

Supportive housing is another source of affordable housing in New York City. SRO’s (Single Residency Occupant units) are the most common type of Supportive Housing, designed to meet the special needs of singles.

Special needs populations include, among others, singles with mental health or substance abuse issues and individuals with HIV/AIDS. Some Supportive Housing developments do have units for families with special needs, but these units are much fewer.

In other developments, there are also units set aside for the General Community for which no special needs diagnosis is necessary. However, like other affordable housing developments, resources are scarce and Supportive Housing managers should be contacted individually to find out information about eligibility and availabilities.

You can find a list of Supportive Housing organizations on the Supportive Housing Network of New York (SHNNY) website.

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New Destiny's Housing

New Destiny is one of many nonprofit housing developers in New York City. We currently manage 41 units from studios to three-bedrooms. We give priority to families with a history of domestic violence.  Although vacancies are infrequent, we maintain waiting lists and accept applications at any time.

Click here to download our application or call our office to request an application by mail at 646-472-0262. You can also check our Apartment Corner to see what vacancies we might have now.


 
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