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Q&A
Discussion on affordable housing application volume and borough distribution
0:47:13
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131 sec
Council Member Pierina Ana Sanchez inquires about the volume of affordable housing applications and their distribution across boroughs. HPD officials provide statistics and insights on application patterns.
- On average, there are about 16,000 applications per development
- In 2024, HPD received nearly 6 million applications for over 10,000 units in more than 300 lotteries
- Application distribution is generally even across boroughs, with slightly fewer in Staten Island
Pierina Ana Sanchez
0:47:13
Moving to the application process itself, on average, how many affordable housing applications does a does an individual development receive or units, whatever metric makes most sense to explain that?
0:47:24
And is it possible for you to share breakdown per borough?
0:47:28
Yes.
0:48:00
Can you repeat those last numbers?
0:48:18
Are you noticing more demand in particular boroughs or areas?
0:49:05
Is there a difference in wait time or a time to fill units in by borough, by geography that you've observed?
Ahmed Tigani
0:47:29
We can share breakdown per borough.
0:47:31
On average, there's about 16,000 applications per development.
0:47:36
But again, these are It depends on the characteristics of the building, how big the building is, the unit distribution, the AMIs, the eligibility of applicants.
0:47:44
But best guess is about 16,000 applications per borough.
0:47:49
You know, in 2024, we received about 6,000,000 applications and we marketed about 10,000 units and over 300 lotteries.
0:48:02
Sure.
0:48:03
2024, all lotteries received nearly 6,000,000 applications, Over 10,000 units marketed over 300 lotteries.
0:48:12
This does not include the homeless side units, which are also part of this process, but separate.
0:48:23
We
Emily Osgood
0:48:26
have a local law report, local law 02/2017 '20 '19 that I'm looking at right now on my screen to show what we've reported on for applications by borough.
0:48:40
And so I would encourage all of us to do that, we can share that with you more directly.
0:48:46
We do see a pretty even distribution across boroughs, generally speaking, with a few fewer, in some cases, in Staten Island.
0:49:02
Got it.
0:49:14
That's an interesting question.
0:49:16
I don't have that data in front of us, but we will look into it and get back to you.
0:49:21
Thank you.
0:49:22
For an affordable housing apartment, how long