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I guess Reside is pretty open about their approach:
Quote:
At Reside, affordable marketing specialist Susan Moskovits said for lower-income lottery buildings, she only needs to reach out to only a small chunk of eligible applicants because so many are in the pool. Those contacted almost always take the apartment if they are approved.
But for higher-income apartments, she reaches out to everyone on the list. For one soon-to-open Bushwick building for households making between $75,429 and $149,890 a year, she “reached out to all 737 applicants” for just three apartments that cost $2,200 a month for a one-bedroom and $2,450 for a two-bedroom.
So yeah... they just reach out for documents literally to everyone. So if you get a request for documents from Reside, it just means they received your application.
Also, a funny thing... When you google "reside affordable", the second hit is their About page with the title: "Tax evasion". I guess they wanted to name their page "tax incentives", but did a little slip that Freud might have something to say about.
when i saw some of their employees have the same last name i knew they were no good! i make sure to never apply to any more of their lotteries after 875 4th ave.
So yeah... they just reach out for documents literally to everyone. So if you get a request for documents from Reside, it just means they received your application.
Also, a funny thing... When you google "reside affordable", the second hit is their About page with the title: "Tax evasion". I guess they wanted to name their page "tax incentives", but did a little slip that Freud might have something to say about.
There is nothing nefarious about Reside NY's approach to higher AMI lottery units, nor anyone else's who has similar policies either.
It has been a well known fact many of these "affordable" or "low income" lottery buildings are a hard sell for higher AMI groups. Households with higher incomes simply have more options and usually are also rather picky where they live.
Many from 130 or 165 AMI have gone on record in interviews or whatever giving reasons for turning down units. They range from size, location, rent, amenities, and so forth.
It's like anything else; if you know from prior experience that calling in a small number of applicants for anything (say an employment offering) doesn't get results and thus another batch must be called, logical thing to do is from start cast a wider net.
Hey! I currently have a very very low log number 80% Ami not within the CB preference and just got a request for documentation today. Can someone help with what to expect? Since I have a low log would that guarantee me a spot?
It was Log <10. They are currently in the viewing process for non CB. I don’t think there will be any units available even for me. There are such few units. I believe there are only studios left.
It was Log <10. They are currently in the viewing process for non CB. I don’t think there will be any units available even for me. There are such few units. I believe there are only studios left.
Whoa. Never seen a log that low. Would be crazy if you didn't score a unit. Wishing you luck!
was able to confirm that all apartments have been taken.
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update:
