NEW YORK: The eighty-seventh entry for the seniors housing Global Awards 2016 has been received.
The number of people expected to apply for Bridge Housing’s most recent Fremont building is expected to top 7000.
In El Cerrito, Resources for Community Development received 1,088 applications for 57 units in its recently completed Ohlone Gardens building.
Around 10,000 people expressed interest for affordable apartment buildings near MacArthur BART Station and Lake Merritt, according to Bridge Housing officials. When the time came to apply, each received roughly 5,000 applications.
After an affordable housing development is leased up, waitlists can still have thousands of people on them. That’s the case for East Bay Asian Local Development Corp. properties. A spokesperson for the nonprofit says waitlists often range between 2,000 and 3,000 applicants.
The demand for affordable housing doesn’t leave much room for optimism when your name is pitted against thousands of others. In many instances it comes down to a lottery.
