6 million applicants for 10,000 units: Housing lottery leaves out New Yorkers most in need
New York City's housing crisis is no secret and the city's low-cost housing landscape remains extremely difficult to navigate, including a housing lottery system theoretically devised to provide a solution for the dire need for accommodation.A problem that has been brewing for decades, the housing crisis continues to get worse, with vacancy rates dropping to 1.4% citywide and under 1% for units priced $2,400 or lower, according to the Department of Housing Preservation and Development (HPD).Mean