An affordable housing lottery is a system used to allocate affordable housing units to eligible individuals or families. When there is high demand for affordable housing, a lottery is used to randomly select applicants from a pool of qualified candidates. To enter, applicants typically need to meet income, family size, and other criteria set by the housing authority or property owner. The lottery system ensures fairness and transparency in the selection process. Once selected, individuals or families are given the opportunity to lease or purchase a unit at a reduced rate, helping to make housing more accessible.
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