Affordable Housing Projects Open, Launch Lotteries Across U.S. Cities

Several new affordable housing projects across the U.S. are opening or launching to address housing shortages and support low- to moderate-income residents. In Shelburne, Vermont, nearly 100 affordable apartments and condos have opened, offering units ranging from $1,700 rent with heat included to ownership options starting at about $169,000, including provisions for residents exiting homelessness. Brooklyn's Williamsburg neighborhood launched a lottery for eight new units priced for incomes up to 130% of the area median income, with rents around $3,700 per month. Dayton, Ohio, is building 40 new energy-efficient homes for first-time buyers under 80% AMI, alongside renovations of 20 homes, all with property tax exemptions and required financial literacy programs. In Florida, ASC Global Inc. is preparing to build steel structure model homes priced under $200,000, designed for durability and affordability. Additionally, in Hainesport, New Jersey, a lottery for 73 income-restricted units is underway, featuring energy-efficient design and amenities, targeting families earning 60% or less of the area median income.