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I was going to insert a picture of a housing lottery-issued straight jacket, but that would definitely apply to me as well!!!
I was doing so well I can't even eat my feelings with an apple cider donut... I know, first world problems. Guess I'll just get coffee, I know it's not the same
I was doing so well I can't even eat my feelings with an apple cider donut... I know, first world problems. Guess I'll just get coffee, I know it's not the same
I had a wonton soup just to calm my nerves. It's already 2:30pm. I'm counting down the time as if I were in the movie, "Deep Impact" which if you think about the name, it's actually true!
"You were accepted and turned it down, in other words?"
They asked me if, given that there were only 200% AMI units left, I wanted to continue in the process. I said no. I obviously don't know that I would have been accepted, although, since my income is fairly straightforward, my assets are under the limit, and I was near but not at the bottom of the 200% AMI range for income, I was pretty confident that--if they did their job right--I would be found to be qualified.
One of my major motivations for moving, besides the obvious, was wanting to get a dog. The difference in rent between 250 Ashland and my current place would've eaten up the entire financial margin available for supporting a dog! Gotta be able to take care of your family.
"You were accepted and turned it down, in other words?"
They asked me if, given that there were only 200% AMI units left, I wanted to continue in the process. I said no. I obviously don't know that I would have been accepted, although, since my income is fairly straightforward, my assets are under the limit, and I was near but not at the bottom of the 200% AMI range for income, I was pretty confident that--if they did their job right--I would be found to be qualified.
One of my major motivations for moving, besides the obvious, was wanting to get a dog. The difference in rent between 250 Ashland and my current place would've eaten up the entire financial margin available for supporting a dog! Gotta be able to take care of your family.
I completely agree. We asked if we wanted to move forward with a 200% unit and we said no. I'm not sure how they calculate the minimum rent since, as you said, no other landlord would rent an apartment with that income/rent ratio. Even with long-term affordability, the current budget would be way too tight to wait and see when/if things even out. It's a great building but we don't want to be stretched too thin and "apartment poor." Some people can tighten their belts and make it work but I know for us and our expenses (e.g. Childcare) it just doesn't make sense.
They might start getting tenants to fill these higher end "affordable units" if they stopped with the 200% AMI and started taking in 80 and 100% (we're apparently the red-headed step-children in these lotteries). Another GREAT one went up today and it's 30,40,50,60, 120, 140 :/ W.T.F????????? I can't deal with this anymore. As a single person of 80-100% do they just want us to shack up with a 30 percenter to qualify as a two income household? I'm so annoyed right now, and reading through the de-gentrification thread just now I have no words left, my life spirit, my libido (not the sexual energy that is popularized as the definition, but it's one's life force...) is obliterated. I need to learn how to drive although I'm so running on a razer's edge of finances that I can't afford the driving lessons and school that NY requires. Part of me is hoping to get fired from work or laid off just so I can collect unemployed, declare bankruptcy, cash in my 401k (which only has 6K in it after 10 years of contributing) and get the hell out of here and start fresh. I JOKED about Newark the other day but of COURSE today in the Wall Street Journal (maybe the NYTimes..? sorry i read both cuz they are free for the taking in my building) and it's talking about gentrification in NEWARK. F- OUTTA HERE WITH THAT! Everytime I see a young white person with a designer dog my skin crawls these days out of fear.
"You were accepted and turned it down, in other words?"
They asked me if, given that there were only 200% AMI units left, I wanted to continue in the process. I said no. I obviously don't know that I would have been accepted, although, since my income is fairly straightforward, my assets are under the limit, and I was near but not at the bottom of the 200% AMI range for income, I was pretty confident that--if they did their job right--I would be found to be qualified.
One of my major motivations for moving, besides the obvious, was wanting to get a dog. The difference in rent between 250 Ashland and my current place would've eaten up the entire financial margin available for supporting a dog! Gotta be able to take care of your family.
I had that horrible problem with the Stuyvesant Town lottery. They wanted to take more than half of my paycheck!
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