To qualify for these homeownership programs, you must generally meet the following criteria:
: The official site for current and upcoming city-sponsored housing lotteries.
: Frequently updated lists of HDFC co-ops available for purchase across the five boroughs.
: Prospective buyers should typically have at least 10% of the purchase price available for a down payment. Where to Find Listings
: Most affordable purchase programs are strictly for those who do not currently own and have never previously owned residential property.
: Households must fall within specific AMI brackets. For some recent purchase lotteries, this ranges from roughly $70,462 for a single person to over $300,000 for very large households.