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Location: Read the Marketing Handbook, and Income a Guide.
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Community Board 11 resident?
Quote:
Originally Posted by BranThaDon
This is my first time doing the lottery since moving to the city. I got 4XX with a 50%AMI. Is it worth holding my breath?
Do you live now in Community Board 11? East of 5th Ave, North of E 96th St. See white portion of map at link.
If you do live in CB11 now, your chances are greatly increased. Because CB11 residents get moved to the front of the line for half of the units. They go ahead of lower log#s.
Keep in mind, the log#s that are lower than yours might not all want the same unit size as you do at 50% AMI. You might only want a studio or one-bedroom while some other lower log#s want only a two or three-bedroom. You can subtract those log#s, but we don’t no how many that might be, between zero and 4xx. So there can be fewer than 4xx log#s ahead of you for your sized unit, and at the 50% AMI. You can subtract the log#s not within the 50% AMI. But, we don’t get to see the applications to learn how many that might be.
I hope you are a winner, but if you there can still be a VERY long wait. It’s new construction so we don’t know if it’s ready to be occupied. It might look done on the outside but that doesn’t mean the inside is finished.
Do you live now in Community Board 11? East of 5th Ave, North of E 96th St. See white portion of map at link.
If you do live in CB11 now, your chances are greatly increased. Because CB11 residents get moved to the front of the line for half of the units. They go ahead of lower log#s.
Keep in mind, the log#s that are lower than yours might not all want the same unit size as you do at 50% AMI. You might only want a studio or one-bedroom while some other lower log#s want only a two or three-bedroom. You can subtract those log#s, but we don’t no how many that might be, between zero and 4xx. So there can be fewer than 4xx log#s ahead of you for your sized unit, and at the 50% AMI. You can subtract the log#s not within the 50% AMI. But, we don’t get to see the applications to learn how many that might be.
I hope you are a winner, but if you there can still be a VERY long wait. It’s new construction so we don’t know if it’s ready to be occupied. It might look done on the outside but that doesn’t mean the inside is finished.
My worry is that since CB 11 is a board filled with people with low AMIs all the apartments available will be gone when they reach my log. Hopefully thats not the case. Does anyone know what happens then. If your log number is reached and their are no more available apartments are you put on a waitlist for whenever re-rental opportunities open up?
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Community Board 11 resident?
