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Old 03-22-2015, 09:15 PM
 
69 posts, read 156,943 times
Reputation: 50

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I know it varies based on the lottery, but are most of them like 1 in 10,000? Have people on here won some?

I make between 60 and 70k and it seems there aren't that many at least in manhattan for these lotteries in this range.
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Old 03-22-2015, 10:17 PM
 
Location: Manhattan
2,498 posts, read 3,762,075 times
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Getting called in for an interview and actually winning it are 2 different things. It is much harder for people making 50-80k to qualify for these lotteries.

I mentioned this a few weeks ago:
Its funny how in Dec 2010 i received a letter from Related on a west 42st 80/20 program that my application log was #8995. Feb 2015 i got a letter to schedule an interview for the building. Sadly my who financial situation has changed over the yrs and being married so i didnt even bother to set up an interview as our income was too much.
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Old 03-23-2015, 07:17 PM
 
483 posts, read 689,968 times
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In my experience, "rather poor, unless you have a preference" (municipal employee, disabled, etc.). Firstly, those categories of people take heavy allotments from the overall percentage of apartments available. Secondly, like silverbullnyc says, you can "get an interview", and then never hear from a place again, even if they don't disqualify you. (And it's highly likely they will disqualify almost everyone, I've seen multiple stories of people on this board reporting they gave up after receiving some letter that doesn't even describe their situation.) I'm on "the backup list" for places I can't even find the affordable-record for anymore, like they went market rate and no one bothered to tell me. I still get Related's 80/20 mailings, sometimes I post them in the lobby of my current building for anyone who might want them, because I passed the qualifying salary like 3 jobs and 15 years ago, lol.

Thirdly, a 60-70K slot is indeed awful for everyone, because for some reason unless you fall in the aforementioned preference categories, you'll only be considered for apartments hovering around $2K/mo., never for that secondary category of "really bargain apartments" at the realistically affordable price of $1,516 or suchlike. Even if your salary falls within the qualification for both rent ranges. They just seem to assume that if you make 70K you want to stop your food budget in order to pay the $2,000, because everyone wants to pay rent above their means or something. Me, I wouldn't overextend myself to be houseproud.
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