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Old 12-03-2016, 08:08 AM
 
386 posts, read 288,356 times
Reputation: 62

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Hey!

I received an e-mail stating that i won the lottery for Webster Commons E and I have my interview next week. I spent all day at work printing out my stubs, bank statements, tax returns-everything I could get my hands on lol

Here's why I am freaking out. I just started working for the City and i have EXACTLY 6 pay stubs (I can only imagine that's why I got picked since when I originally applied for housing, I wasn't working for the city) Anyway, my salary is 83 dollars over the income eligibility for 1 person (for both a studio and a 1 bedroom).

I read somewhere here that the way the calculate your income is by adding up your last 6 stubs, dividing it by 6 then multiplying that by 26. How accurate is this? I ask because since I started working there, I started working the 2nd week of pay week, so my first check was only for 1 week, I have missed a day or 2 of work, and I obviously have NOT made my projected salary.

Assuming that that's how they check your income, that I am good to go. But my 2015 W2 is from my old job, which shouldn't affect me, right?

Also, do they question any savings account? I have about $15k in my savings but its all money transferred from my checkings account. I also dont have any deposits/income on my statements besides my paycheck.

Any feedback is greatly appreciated since i REALLY want this process to go through
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Old 12-03-2016, 11:30 AM
 
774 posts, read 719,314 times
Reputation: 256
You should read the income guidelines on Housing Connect -- they're actually very good. I think they average three years -- I'm in a different category of employment, so I'm not sure -- read the guidelines, and then you'll know.
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Old 12-03-2016, 01:17 PM
 
Location: Bronx, NY
274 posts, read 247,078 times
Reputation: 124
They calculate your last 6 paystubs but then they request an employment verification from your employer. Your employer will have to state your full salary which, if it's over, will disqualify you. Best of luck
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Old 12-03-2016, 04:05 PM
 
252 posts, read 467,910 times
Reputation: 69
When I went for my interview, they went by the paystubs. They do not always ask for an employer letter. As for the savings, doesnt matter how much you have in there. They just want to see the bank statements. I dont remember what formula they go by calculating the paystubs. But i do know even if you are $1 over you will be disqualified. They stick to the income limits to the T
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Old 12-03-2016, 04:36 PM
 
386 posts, read 288,356 times
Reputation: 62
Quote:
Originally Posted by larthur706 View Post
They calculate your last 6 paystubs but then they request an employment verification from your employer. Your employer will have to state your full salary which, if it's over, will disqualify you. Best of luck
Im assuming they will probably ask after the interview? Because on my list of required docs to bring its not on there....
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Old 12-03-2016, 04:38 PM
 
386 posts, read 288,356 times
Reputation: 62
Quote:
Originally Posted by meli722 View Post
When I went for my interview, they went by the paystubs. They do not always ask for an employer letter. As for the savings, doesnt matter how much you have in there. They just want to see the bank statements. I dont remember what formula they go by calculating the paystubs. But i do know even if you are $1 over you will be disqualified. They stick to the income limits to the T
Damn, that's why I am worried because I just started working there, I only have 3 months and even though it's a salary based job I still get paid hourly...so if I leave early, come in late or miss a day, I won't get paid for that time.

On the list of required documents, they don't mention a proof of employment/salary letter and if there's one thing I keep reading on here is "DONT VOLUNTEER INFORMATION" lol
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Old 12-03-2016, 05:07 PM
 
252 posts, read 467,910 times
Reputation: 69
Right. They will go by your paystubs. They do not always ask for a letter from the employer, they MIGHT. So just be ready if they do, but they do go by paystubs. Thats the first thing they check to see if you even meet the income guidelines and second they run a credit check
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Old 12-03-2016, 05:08 PM
 
252 posts, read 467,910 times
Reputation: 69
And the W2 from 2015 doesnt affect you either. That was from a different year. They want to know your income now. I would tell them I get paid hourly not a salary.
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Old 12-03-2016, 05:20 PM
 
5,680 posts, read 5,154,796 times
Reputation: 3818
To be honest, just go to the interview and see how it pans out. Every building does things a little different.
Think positive but don't hold all your eggs in this one situation. Hope it works out and lets us know how it goes.
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Old 12-03-2016, 05:23 PM
 
386 posts, read 288,356 times
Reputation: 62
Quote:
Originally Posted by meli722 View Post
And the W2 from 2015 doesnt affect you either. That was from a different year. They want to know your income now. I would tell them I get paid hourly not a salary.
Right, I'm hoping they don't-and how would I let them know that it's hourly? During my interview? Im assuming I would have to fill out some paper work....

I'm just going in with God by my side lol I already have a huge migraine thinking about this.
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