NYC is Changing Its Rules For Housing Lotteries, Now 80% of Lotteries Will Be Given To People From Other Zip Codes
New York City agreed to slash its practice of giving residents first dibs on new affordable apartments in their neighborhoods after settling a landmark federal lawsuit that claimed the Big Apple’s housing lottery promoted segregation.
The decades-old “community preference” policy had reserved 50% of any affordable units offered in the city’s housing lottery for residents who already lived in the neighborhoods.
But under the settlement approved Monday by Manhattan federal judge Laura Taylor Swain, the Big Apple will soon only set aside 20% of units for those locals vying to win the housing lottery in their own neighborhoods.
That preference for affordable apartments will then shrink again by 2029 to just 15%.
The change means the majority of new affordable apartments — 80% initially — will now be offered up to those who live in other zip codes.
Read More at the New York Post
