[quote]Here’s a question for the “Midtown Manhattan” gay living in the $800 apartment in a luxury building. How did you find it, get it, etc.?
I had a couple shitty earning years and I heard about the Affordable Rental Program and realized I might be eligible. Back in 2001 any developer seeking tenants would put a small ad in the Real Estate classifieds of The Daily News...once. First thing I did was I bought The Daily News 365 days a year WITHOUT FAIL. The developers would get 10,000 application requests from that one ad, they didn't need to run it more than once or maybe twice.
Back then one had to request a paper application by mailing a postcard (I bought ten pre-paid postcards). I requested an application to every Manhattan building whose income requirements I fit. Then I went into the barrel lottery-style and was notified if my number was low-ish, maybe like in the first 2,000 applications.
Then I made sure I worked the same amount at the two jobs I had so my income was reasonably steady. I made sure my credit report was accurate, and made copies of my last three years of tax returns, knowing I'd have to show them.
I learned in the process that two thirds of applicants had poor credit and were immediately disqualified- that part is just like renting any other apartment. No full-time students allowed and nobody who wasn't actually working. The program is for working people only! This is good.
MANY poorer people are not filing their taxes every year, or have bank accounts showing random non-taxed or non-reported income, ok, they're all disqualified. If you are truly qualified, have no bankruptcies or felony convictions on your record, the competition to get a lease is lousy and a little perseverance and excellent document keeping will pay off. Mine took five go rounds, I was rejected for various reasons the first four buildings, but I learned how to fix my issues and the fifth building offered me a lease, a $542/mo one-bedroom in 2003.
Everything is centralized online now, so no more paper applications. I'd say it is far more equitable and easier to apply, but they get MANY more applications digitally than they did twenty years ago on paper, so there is more competition.