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Search resuls for: "Housing Development Corporation"


2 mentions found


☆ After 2 years of applying for the NYC housing lottery, she finally won her bid. Now she pays $1,000 in rent for her Manhattan apartment.
  + stars: | 2024-04-10 | by ( Amanda Goh | ) www.businessinsider.com   time to read: +8 min
A millennial woman won the New York City affordable housing lottery after applying for two years. Nkenge Brown, 30, now pays around $1,000 in monthly rent for her one-bedroom Manhattan apartment. AdvertisementNkenge Brown first heard about the New York City housing lottery system four years ago while she was at work. "Someone told me that they won a lottery apartment, and I was like, 'What's that?'" In 2018, the odds of winning the housing lottery were 1 in 592, per the Times.
Persons: Nkenge Brown, she's, —, Brown, " Brown, Nkenge Brown Nkenge Brown, that's, Nkenge, it'll, cafés, Nkenge Brown Brown, she'd, I've, There's Organizations: New, Service, New York City Department of Housing Preservation, Housing Development Corporation, New York Times, Times Locations: New York City, Manhattan, Upper Manhattan, Chelsea, Paris
☆ People are using cash transfers like basic income to pay rent, and it shows just how badly a housing-crisis solution is needed
  + stars: | 2024-01-21 | by ( Eliza Relman | ) www.businessinsider.com   time to read: +7 min
And a growing number of people who are eligible for government housing assistance aren't getting it. But unlike other government benefits like Medicaid and food stamps, housing aid doesn't automatically go to those who need it. And across 31 pilot basic income programs , recipients spent an average of about 9.2% of their payments on housing and utilities. AdvertisementThe amount that the federal government spends on its housing assistance programs, mainly Housing Choice Vouchers and public housing, is determined by Congress each year. "Housing support across America is very fractured and variable," said Sean Kline, director of Stanford's Basic Income Lab.
Persons: —, doesn't, Matt Desmond, Chris Herbert, Ulbrich, Matt Turner, hasn't, Sean Kline, Matthew Fowle, Fowle, Kline, Herbert Organizations: Service, Homelessness, Business, Urban Institute, Assistance, Columbia University's, Poverty, Princeton, Harvard Joint Center for Housing Studies, Economic, Congress, Harvard, The New York Times, Department of Housing, Urban Development, Philadelphia Housing Development Corporation, University of Pennsylvania, UPenn's Housing Locations: Washington ,, San Francisco, Davos, America, Philadelphia
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