Affordable housing vent (New York, York: low income, sale, affordable apartments)
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Just want to blow off a little steam here. All or most of these so called affordable apartments ARE NOT affordable...unless of course you make south of 30K. Sorry I'm just gainfully employed, not on assistance on any kind and try to pay bills on time. These income limits are ridiculous and with only one affordable building in my CB my log numbers are 50,xxx. UGH when are they going to start looking out for folks in the middle class. I mean all this low income housing is great but let's be for real the middle class are the ones that keep the city going.
OK - I've been reading some of the "affordable housing lottery" threads. And had some questions. This seems like a good thread to ask them. How do these lotteries work? I realize "local locals" get certain preferences (can't comment how sensible that is - because I don't know how "local locals" are defined) - but what's the deal with income limits? I've read some newspaper/similar articles about how the developers of luxury housing get certain deals if they set aside some units for "low income" people - although there is sometimes controversy about whether the "low income" people get access to the same amenities as the "rich people" in the buildings. Don't know if this is true or not. If someone could explain things to me - more or less in a nutshell - I would appreciate it. Robyn
P.S. My poor brother in Arizona was going broke trying to support one of my nieces in NYC (she was earning about $60k/year). Now he is going broke trying to support her in Los Angeles <sigh>.
P.S. My poor brother in Arizona was going broke trying to support one of my nieces in NYC (she was earning about $60k/year). Now he is going broke trying to support her in Los Angeles <sigh>.
Well if he was supporting her and going broke when she was making 60K a year then neither of then are good with money. I make less than 30K a year and support myself just fine. I don't get any help or government assistance either. I just don't spend beyond my means and live in a neighborhood where rents are still some what affordable. Sure there are some luxuries I can not afford but in all in all I have a blessed life.
I totally agree with you, there are a LOT of units set aside for people making 38K and under (that seems to be the sweet spot for the truly affordable apartments), but look at what employers are paying these days. Look at what starting cops/teachers/EMT make in this city. We WANT to keep them in the city. Just keep applying, there are many lotteries. Some of them are for people making 100K! :!
Robyn, do a search here on this forum and you will find lots and lots of threads about the 80/20 lotteries. The lotteries talked about here are for New York City residents.
quote:
P.S. My poor brother in Arizona was going broke trying to support one of my nieces in NYC (she was earning about $60k/year). Now he is going broke trying to support her in Los Angeles <sigh>.
Just saw that. Sorry, that sounds like someone with a drug problem or some other major issue. or someone wanting to live way way way way above their means in the prime areas of manhattan or brooklyn. (even then, how does someone go broke subsidizing someone who is already making 60K?) that's shady and has nothing to do with the affordable housing crisis in NYC.
OK - I've been reading some of the "affordable housing lottery" threads. And had some questions. This seems like a good thread to ask them. How do these lotteries work? I realize "local locals" get certain preferences (can't comment how sensible that is - because I don't know how "local locals" are defined) - but what's the deal with income limits?
Income limits are defined as a percentage of the population below an areas median income level. In a rich neighborhood, the areas median income level is going to be extremely high in comparison to the majority of the city therefore allowing people who would normally not qualify as being poor in the ghetto qualify for being poor in a rich neighborhood. In addition, rents are set at an outdated model being as it doesn't account for how expensive the city has become (especially taxes). At 30-35% of gross annual wages, you will easily become rent burden once you factor federal, state, city, sale taxes that come with living in NYC (so to some people it doesn't feel like it is really affordable to them).
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