This reminds me of another pretty decent lottery that some U.S. residents can take advantage of. Many major cities, including NYC, have affordable housing programs in brand new buildings. The cost to apply is $0, the payoff of is paying 20% − 25% of market rate of housing in that area. No, it’s not for poor people, there are other programs for that, the income requirements vary but in general is set to qualify the working residents of the city (maybe 50k − 95k).
Some of the most desirable and stunning locations in the city, where rents are 4k for 600 sq/f, can go for $700. Just Google the city you live in to see the specific requirements.
This reminds me of another pretty decent lottery that some U.S. residents can take advantage of. Many major cities, including NYC, have affordable housing programs in brand new buildings. The cost to apply is $0, the payoff of is paying 20% − 25% of market rate of housing in that area. No, it’s not for poor people, there are other programs for that, the income requirements vary but in general is set to qualify the working residents of the city (maybe 50k − 95k).
Some of the most desirable and stunning locations in the city, where rents are 4k for 600 sq/f, can go for $700. Just Google the city you live in to see the specific requirements.