![]() The first step is to find where affordable housing is offered in your area. In New York City, the place to look first is NYC Housing Connect, which keeps an updated list of open lotteries for affordable dwellings and allows people to apply online. You might not think someone with a $100,000 income would need affordable housing, but this is New York, after all.” How to enter an affordable housing lottery “The lower end was around $25,000 per year and the highest around $100,000. “When the Gotham West lottery was posted, it was four buildings divided by income brackets, low to high,” says Halden. Just ask Michael Halden, who applied for affordable housing in New York City four years ago-and discovered that the range of qualifying incomes runs the gamut. “Affordable housing lotteries have a variety of income ranges,” notes Purcell. On the contrary-the biggest misconception about affordable housing may be that you have to be near penniless to get in. If you make $5,000 a month … well, you wouldn’t qualify at all, right? So, if you make $3,000 a month, you’d pay $900 for affordable housing. “The definition of affordability is you pay no more than 30% of your total household monthly income toward rent,” says Elizabeth Purcell, a social worker who helps clients in New York City find affordable housing.
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