Mitchell-Lama Apartments Guide
One of New York’s little-known is a program through which moderate- and middle-income families can afford rental and cooperative housing called the Mitchell-Lama program. It has been offering cheap homes to New Yorkers since 1955 under the name of this program.
This program was named after Senator MacNeil Mitchell and Assemblyman Alfred Lama and also the architects of the enabling legislation. This article is a Mitchell-Lama apartments guide, discussing its eligibility requirements, and offering advice on how one can apply.
The main aim of this program is to promote and sustain integrated, stable, and diverse communities in New York. This article tends to provide in-depth information and examples designed to help potential applicants understand the nitty gritty of this potentially life-changing program.