![]() In housing lottery buildings developers get tax breaks from the city and state to build, and in exchange must set aside at least 20 percent of the apartments for gainfully employed low- and middle-income renters. “I can actually save money and I don't have to eat ramen every day.” “Not spending 90 percent of my income on rent gives me financial freedom,” says one lottery apartment tenant who lives in Battery Park City and has written about her experience for Brick Underground. ![]() You can spend years on a waiting list before your application is considered, and the competition is almost always stiff.īut the process itself is not that difficult, and snagging one of these places can be life-changing. Applying for an apartment through the New York City affordable housing lottery takes persistence.
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