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Two Affordable Housing Lotteries Are Now in Williamsburg

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Two Affordable Housing Lotteries Are Now in Williamsburg
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Jessica Pilla

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Two affordable housing lotteries are now taking place in East Williamsburg, offering nine units to New York City residents who qualify.

With gentrification and loss of rent control being serious issues all over Brooklyn, more and more residents are keeping their eye out for inexpensive apartments and conducting research on affordable housing. In Williamsburg alone, the average cost of rent is now at $2,695 per month, while the median yearly household income was $56,342 in 2018. And with over a quarter of all residents making less than $25,000, cohabitation is key when it comes to renting apartments.

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Cover image courtesy of Street Easy.

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