New destiny housing application 2025

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If you have a credit score below 580, you may be accepted without further review of your financial stability. Credit scores may be disregarded completely.
SP Global Ratings assigned its AA+ long-term rating to New York City Housing Development Corp.s (NYCHDC) 2025 series A-1 and 2025 series A-2 multifamily housing revenue sustainable development bonds, with a combined par amount of $253.550 million
On average, NYC landlords look for a credit score in the range of 650-700 as a minimum. 680 seems to be the sweet spot for most. However, it can be anything the landlord or management company deems creditworthy.
To qualify, your household must meet the household income and size requirements for a unit in the affordable development. Complete your profile. Remember to update your profile each time your income or household information changes. Apply to lotteries. Selection. Sign a lease or complete a purchase.
Credit Criteria for General Applicants. You may not be rejected solely because of your credit score, your score may only be used as an indicator of financial stability. You may be accepted with a FICO credit score of 580 without further review of financial stability.
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Learn about eligibility and application requirements. Register and apply online or mail your application in. It may take 2 to 12 months for applications to be processed. If selected, submit eligibility documents Rent or buy if you are eligible.
How can I check the status of my application? Application status can be checked on NYCHAs Self-Service Portal (selfserve.nycha.info).

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