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☆ 26-year-old won the NYC housing lottery, pays $881/month for a 1-bedroom apartment: How the process works
▼ + stars: | 2024-07-20 | by ( Celia Fernandez | ) www.cnbc.com time to read: +10 min

Nahjae Olin won the NYC housing lottery in 2023 and signed a lease on a one-bedroom apartment in the Bronx. She and five of her siblings grew up in a one-bedroom apartment just one block away from the place she now calls home. Molly Stromoski for NYC Department of Housing Preservation & DevelopmentThe New York City housing lottery program helps residents find affordable housing, including rent-stabilized apartments. NYC Housing ConnectThe average ratio for HPD's housing lottery is 50 applications for each available unit. Before winning her housing lottery apartment, Nkenge lived in a small one-bedroom in Harlem.

Persons: Nahjae Olin, Olin, Molly Stromoski, Emily Osgood, Osgood, you've, It's, she'd, . Olin, I'm, Development Olin, you'll, Nkenge, Mickey Todiwala, That's, I've Organizations: CNBC, NYC Department of Housing Preservation, New, of Housing Preservation, Development, Yorkers, AMI, Housing, . Locations: Bronx, Bronx , New York City, New York City, New York, housingconnect.nyc.gov, Brooklyn, Williamsbridge, U.S, Harlem, Manhattan, Nkenge's

☆ Here's where U.S. rents are rising — and falling — the fastest
▼ + stars: | 2024-06-26 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Zumper analyzed median asking rents for apartment listings in the largest 100 U.S. cities by population. Rents have also risen by at least 10% for both one- and two-bedroom apartments in other major metros: Lincoln, Nebraska; Chicago; Buffalo, New York; Madison, Wisconsin; Rochester, New York; and New York City, according to Zumper. What causes rent inflationAt a high level, rent inflation is guided by supply-and-demand dynamics, said Crystal Chen, an analyst who authored the Zumper analysis. Basically, areas with fast-growing rents are seeing demand outstrip the supply of available apartments, while those with falling rents have seen their apartment inventories growing. Rent inflation has fallen substantiallyRent inflation plummeted in the early days of the Covid-19 pandemic.

Persons: Jamie Kelter Davis, Zumper, Crystal Chen, Eric Adams, Fitch, Chen Organizations: Bloomberg, Getty, New, New York City Department of Housing Preservation, Development, Finance, York City Locations: Chicago, U.S, Syracuse , New York, Lincoln , Nebraska, Buffalo , New York, Madison , Wisconsin, Rochester , New York, New York City, Oakland , California, Memphis, Chattanooga , Tennessee, Cincinnati , Ohio, Colorado Springs , Colorado, Irving , Texas, Jacksonville , Florida, Raleigh, Greensboro, Durham , North Carolina, New York, Akron , Ohio, Wichita , Kansas, York

☆ Their landlord hiked their rent by 25%, so they applied for the NYC housing lottery. On the 25th try, luck was on their side.
▼ + stars: | 2024-06-02 | by ( Amanda Goh | ) www.businessinsider.com time to read: +8 min

Read previewIn 2021, Brynne McManimie and Peter Romano lived in a one-bedroom apartment in Greenpoint, Brooklyn. "That's when we were like, 'OK, let's just try the housing lottery,'" McManimie added. AdvertisementAlthough applying is free, each household must meet specific income requirements to qualify for a lottery apartment. Brynne McManimie and Peter Romano"It's definitely smaller than our old apartment," McManimie said. Advertisement"We're really happy and very thankful that New York City has an affordable housing lottery.

Persons: —, Brynne McManimie, Peter Romano, let's, Brynne, Peter Romano Matthew Dunivan, there's, McManimie, Clinton Hill, Romano, it's, There's, It's Organizations: Service, Business, New Yorker, New York City Department of Housing Preservation, Housing Development Corporation, The New York Times, New York Times, New Locations: Greenpoint , Brooklyn, New, West Coast, New York, Greenpoint —, Clinton, RentHop.com, Clinton Hill, Poconos, New York City

But Nkenge's dream became a reality when she was selected for a one-bedroom apartment through the city's housing lottery in 2023. The New York City housing lottery program helps residents find affordable housing, including rent-stabilized apartments. The Department of Housing Preservation and Development defines affordable housing as housing costs no greater than 30 percent of a single person's or family's income. Nkenge applied to the NYC housing lottery for three years before she got her one-bedroom apartment in Flatiron. Before winning her housing lottery apartment, Nkenge lived in a small one-bedroom in Harlem.

Persons: Nkenge, Mickey Todiwala, That's, I've, It's Organizations: New, of Housing Preservation, Development, CNBC, Housing, Department of HPD's Locations: New Yorker, Bronx, Harlem, New York City, Flatiron, Brooklyn, Manhattan, Nkenge's

☆ 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

☆ Why it’s so hard to find an apartment you can afford
▼ + stars: | 2024-02-19 | by ( Anna Bahney | ) edition.cnn.com time to read: +7 min

Washington, DC CNN —Finding a new apartment to rent can be a slog. In New York City, the rental vacancy rate, which is the share of habitable unoccupied units, has dropped to a record low 1.4%. In Boston, the rental vacancy rate was a very tight 2.6% at the end of last year, according to the Census Bureau. However, the most recent vacancy rate is also lower than the more typical 3.6% from prior to the pandemic. In the fourth quarter of 2023, the rental vacancy rate was 6.6%.

Persons: Maria Torres, ”, Orphe Divounguy, “, that’s, Lawrence Yun, Yun Organizations: DC CNN, New York City Department of Housing Preservation, Development, Census, New York City, Springer, Real Estate Investment Services, Joint Center for Housing Studies of Harvard University, National Association of Realtors Locations: Washington, Northeastern, New York, Boston, New York City, Yorker, Manhattan, Northeast, Southern, Austin , Texas

☆ New York Reimagined Subsidized Housing. What Happened?
▼ + stars: | 2024-02-07 | by ( Michael Kimmelman | ) www.nytimes.com time to read: +1 min

This story is from Headway, an initiative from The New York Times exploring the world’s challenges through the lens of progress. “A beacon.”That was how Shaun Donovan, former commissioner of New York City’s Department of Housing Preservation and Development, heralded Via Verde, the South Bronx development, in 2011. Construction was nearly done at the time, and I chose Via Verde for the subject of my first column as The New York Times’s architecture critic. Most important, its goal was larger than itself: to reimagine subsidized housing for a new century. Engineers, solar experts, community groups, architectural organizations as well as the New York City Council pulled in unison.

Persons: what’s, Shaun Donovan Organizations: The New York Times, New York City’s Department of Housing Preservation, Via Verde, Guggenheim, Bloomberg, . Engineers, New, New York City Council Locations: New, Via Verde, Bronx, York, Paris, New York, grumbled

☆ New York City will pay homeowners up to $395,000 to build an extra dwelling in their garage or basement to help ease the housing shortage
▼ + stars: | 2023-11-25 | by ( Eliza Relman | ) www.businessinsider.com time to read: +3 min

New York City unveiled a pilot program to help homeowners build accessory dwelling units. New York City just unveiled its newest effort, which will hand 15 homeowners up to $395,000 to build an additional apartment. The idea is to boost housing density in a city in desperate need of new housing. The proposal also aims to legalize ADU construction across much more of the city. New York City is facing an especially severe housing affordability crisis.

Persons: —, Eric Adams Organizations: New York State, Service, New York Times, York City, Big Apple Locations: York City, New York City, New York, York, California, Oregon

☆ Mayor Adams’s Ability to Freely Spend Money on Migrants May Be Curtailed
▼ + stars: | 2023-09-18 | by ( Jay Root | More About Jay Root | ) www.nytimes.com time to read: +1 min

“If we were to revoke the blanket prior approval — yes, then each of those agencies would just need to approach us for approval of any individual contract,” he said. DocGo officials did not respond on Sunday to a request for comment. The company’s contract with the city’s Department of Housing Preservation and Development, which has not been made public, calls for DocGo to provide some of its subcontracted services with no markup. For example, laundry and food service are “billed at actual cost,” with laundry charges capped at $270,000 a month, and three meals costing no more than $33 per person each day, the contract says. But DocGo is allowed to turn a tidy profit from its largest single monthly expense: the hotel rooms housing the migrants.

Persons: ”, shouldn’t, DocGo Organizations: city’s Department of Housing Preservation, DocGo, Ramada Plaza Locations: Albany, DocGo, New York City

DocGo was already under scrutiny when its no-bid contract with New York City came to light, prompting questions about what services the company was providing — as well as the quality of those services. Neither the company nor city officials were willing to voluntarily disclose details of the contract. Earlier this month, New York City Comptroller Brad Lander said there were “numerous outstanding issues and concerns” that prompted him to reject the city's $432 million no-bid emergency contract with DocGo. DocGo began as a medical services company, describing itself on its website as delivering “high-quality medical care outside traditional hospital or clinic settings across our service lines: Mobile Health Care, Medical Transportation and Remote Patient Monitoring/Chronic Disease Management. The company has been trying to land a lucrative contract, valued in the billions of dollars, with the federal government

Persons: DocGo, Anthony Capone's, Capone, ”, Capone's, Lee Bienstock, Brad Lander, Lander, Eric Adams, “, Letitia James, ’ Organizations: New, Albany Times Union, Clarkson University, U.S . Securities, Exchange Commission, DocGo, city’s Department of Housing Preservation, New York Times, Mobile Health Care, Medical Transportation, Disease, We’re Locations: New York City, ”

☆ My Apartment Is Infested With Bugs. How Do I Make My Landlord Fix It?
▼ + stars: | 2023-05-27 | by ( Ronda Kaysen | ) www.nytimes.com time to read: 1 min

It’s possible your latest request was routed to the wrong city agency (this should be handled by the Department of Housing Preservation and Development), or you missed a call from an inspector. “There is no harm in filing multiple complaints,” said William Fowler, an HPD spokesman. While your 311 calls work their way through the system, you can file what is known as an HP proceeding in housing court. This will bring your complaint before a judge, who can order the landlord to correct the problem. You don’t need a lawyer to file a housing court case.

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