What are the benefits of NYC Housing Lottery?

Saving on rent! Affordable apartments under the HPD Lottery have reduced rents that can save you between $6,000 – $12,000 on rent every year. In addition to the savings, your apartment will also be rent stabilized, which means that your rent can only increase by fixed amount determined each year by the Rent Guidelines Board.

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Will I have access to all building amenities?

Absolutely! You will have access to All amenities provided by ownership to the free and affordable market units in his/her building, unless an entrance fee is being charged to use the amenities for all renters in the building including free and affordable market units.

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Are the apartments different from the market rate apartments?

They are the same! The apartments available through the lottery are exactly the same as the market rate apartments. They come with the same finishes and amenities as the market rate apartments, including but not guaranteed to have, hardwood floors, energy efficient stainless steel appliances, in-home washer/dryer, individual climate control and more.  For more on…

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