City employees and veterans will now have a larger edge in obtaining an affordable housing unit through the city’s lottery system.
New York City Mayor Eric Adams on Thursday said he is doubling the percentage of homes that will give preference for city employees and veterans through the NYC Housing Connect lottery system.
Historically, city employees have been given priority on 5% of newly-constructed affordable homes financed by either the New York City Department of Housing Preservation and Development (HPD) or the New York City Housing Development Corporation (HDC). Now that preference will increase to 10% for both city employees and veterans…