A lottery drawing will be conducted to determine tenancy in a new affordable housing development in Manhattan. The project offers six studio units that are priced at 130% of the area median income, with a monthly rent of $2,600. The lottery system involves a random selection process where eligible applicants are given equal chances of securing one of the units.
Key points:
– Lottery drawing to determine tenancy in a Manhattan affordable housing development
– Six studio units available
– Rent set at $2,600 per month
– Units priced at 130% of the area median income
– Lottery system ensures equal chances for eligible applicants
You can read this full article at: https://wrenews.com/lottery-drawing-to-determine-tenancy-in-manhattan-affordable-housing-development/
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