affordable housing

affordable housing, Bronx, housing lotteries, mott haven

Rendering courtesy of NYC Department of Housing Preservation & Development

A housing lottery launched this week for 78 units designated for seniors at a new South Bronx rental. Developed by affordable housing operator Breaking Ground and designed by COOKFOX Architects, the building at 445 East 142nd Street, dubbed the Betances Residence, is located within the Mott Haven neighborhood. Applicants must qualify for Section 8 benefits and earn $53,700 or less, annually. Eligible New Yorkers will pay 30 percent of their income for the studio and one-bedroom apartments.

Find out if you qualify

affordable housing, East New York, housing lotteries

Rendering courtesy of NYC Department of Housing Preservation & Development

Not far from Brooklyn’s Broadway Junction transit hub, a new building dubbed 50 Penn has launched an affordable housing lottery for 175 apartments, ranging from $354/month studios to $1,993/month three-bedrooms. Located at 2628 Fulton Street, it’s in the East New York neighborhood, close to both Atlantic and Jamaica Avenues and a quick walk to Forest Park. The ground floor offers retail space, including a grocery store. The units are open to those earning 30, 40, 50, 60, and 80 percent of the area median income.

See the requirements

affordable housing, Greenpoint, housing lotteries

Photo courtesy of NYC Department of Housing Preservation & Development

New Yorkers earning 80 or 130 percent of the area median income can apply for 27 apartments in Greenpoint through the city’s affordable housing lottery. The units at 1056 Manhattan Avenue range from $1,208/month studios to $2,592/month two-bedrooms. The recently completed building is in the heart of the neighborhood and offers spacious sunny apartments, a gym, roof deck, and parking options.

Find out if you qualify

affordable housing, Chelsea, New Developments

Rendering of 335 Eighth Avenue courtesy of COOKFOX and MAG Partners

A run-down commercial building in Chelsea will be replaced with a 200-unit mixed-income apartment tower. Affordable housing cooperative Penn South announced this week it tapped MAG Partners to redevelop 335 Eighth Avenue as a seven-story residential building with ground-floor commercial space, including a grocery store. The site, located on the corner of West 26th Street and 8th Avenue, is currently home to Gristedes, McDonald’s, and a tennis center.

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affordable housing, Bed Stuy, Brooklyn, housing lotteries

Rendering courtesy of NYC Department of Housing Preservation & Development

A housing lottery launched last week for 44 affordable apartments at a new Bed-Stuy building. Located at 869 Myrtle Avenue, the building is a part of a massive mixed-use project on the site of the former Cascade Linen Supply Company. Qualifying New Yorkers earning 60 percent of the area median income can apply for the apartments, which range from $1,041/studios to $1,553/month three-bedroom apartments.

Do you qualify?

affordable housing, Policy

NYC skyline

Photo via Flickr

Under legislation approved by the New York City Council on Thursday, the value of rental assistance vouchers provided to homeless New Yorkers will increase, a major step in moving people out of shelters into permanent housing. Sponsored by Council Member Stephen Levin, the bill raises the city’s rental subsidy, called CityFHEPS, from a maximum of $1,580/month to $2,217/month for a two-bedroom apartment for a family of three. Homeless advocates say this could help thousands more homeless families find permanent housing each year.

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affordable housing, Downtown Brooklyn, housing lotteries

All renderings courtesy of NYC Department of Housing Preservation & Development

Just this week, leasing launched at the splashy new Downtown Brooklyn rental 1 Boerum Place, with units including a $4,385/month one-bedroom and a $6,646/month two-bedroom. But if you earn 130 percent of the median income and are one of the 42 lucky applicants chosen, you can live in this luxury building for a lot less. A middle-income affordable housing lottery opened today and the available apartments range from $2,000/month studios to $3,120/month two-bedrooms. In addition to beautiful homes, the centrally located building offers a high-end amenity package that includes a rooftop terrace (complete with a “stargazing lawn”), an indoor swimming pool, sauna, and automated parking.

See if you qualify

affordable housing, Bronx, housing lotteries

Image courtesy of NYC Department of Housing Preservation & Development

In the Mount Eden section of the Bronx, just a block from the 170th Street 4 train station and a short walk to Yankee Stadium, an affordable housing lottery has opened for the new apartment building at 1325 Jerome Avenue. The 101 units are available to those earning 40, 50, and 60 percent of the area median income and range from $724/month one-bedrooms to $1,546/month three-bedrooms.

Find out if you qualify

affordable housing, housing lotteries, Midtown West

All photos courtesy of NYC Department of Housing Preservation & Development

New Yorkers earning 130 percent of the area median income can apply for 47 middle-income apartments at the Midtown West rental complex River Place. Located at 650 West 42nd Street, the massive 900+ unit development has amazing amenities like a 75-foot indoor swimming pool, two outdoor tennis courts, a basketball court, and a sundeck overlooking the Hudson River. Available apartments include $1,130/month studios, $1,634/one-bedrooms, and $2,467/month two-bedrooms.

Find out if you qualify

affordable housing, Bronx, housing lotteries

Courtesy of NYC Department of Housing Preservation & Development

A new rental building in the South Bronx is now accepting applications for 41 affordable studio apartments. The 12-story project at 972 Washington Avenue is located in the Morrisania neighborhood, about a mile east of Yankee Stadium. Qualifying New Yorkers earning 60 percent of the area median income, between $31,406 and $50,160 annually for a one-person household and between $31,406 and $57,300 annually for a two-person household, can apply for the $843/month apartments.

Find out if you qualify

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