Few things in life are more frustrating than hearing about a new affordable housing lottery, only to click on the application and see that it’s meant for someone making a six figure salary (paradoxically, one can make too little money to qualify for a rent stabilized apartment).

A new apartment complex at 828 Metropolitan Avenuejust launched a genuinely affordable housing lottery—rents start at $933!—for tenants earning between 40 and 130 percent of the area…

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