housing lotteries

affordable housing, Bed Stuy, housing lotteries

Google Street View of 867 DeKalb Avenue

For the second time in two days, the city’s affordable housing portal has opened the application process for a middle-income lottery that’s basically no cheaper than the building’s regular market-rate units. For example, this opportunity at 867 DeKalb Avenue, a recently constructed rental in Bed-Stuy, is offering 11 units to those earning 115, 125, and 130 percent of the area median income. The “affordable” apartments range from $2,163/month one-bedrooms to $2,716/month two-bedrooms. By comparison, the market-rate units start at $2,100 for one-bedrooms and $2,744 for two-bedrooms.

What’s up with that?

affordable housing, housing lotteries, Williamsburg

Live in the heart of hip Williamsburg, from $865/month

By Devin Gannon, Wed, April 18, 2018

105 south 5th street, williamsburg, housing lottery

Via Dattner Architects

Although rental prices are dropping in Williamsburg due to the impending L-train shutdown, a recently launched lottery is offering up a can’t-miss deal. A brand new building located at 105 South Fifth Street has 38 affordable units up for grabs. In addition to the housing units, the Datter Architects-designed mixed-use project features roughly 4,000 square feet of retail and a 1,000-square-foot medical facility. Qualifying New Yorkers earning 60 percent of the area median income can apply for apartments ranging from an $865/month studio to a $1,121/month two-bedroom.

Find out if you qualify

affordable housing, housing lotteries, Prospect-Lefferts Gardens

Photo via CityRealty

Here’s your chance to live in pretty Prospect-Lefferts Gardens for, perhaps, less than the neighborhood’s market-rate rents. An affordable housing lottery is opening for seven units in a new, eight-story building at 212 Linden Boulevard. As 6sqft recently uncovered, many middle-income apartments throughout the city serve more to subsidize the truly affordable units, and therefore, don’t come in that much cheaper. Here, the homes are available to those earning 130 percent of the median income and range from $1,800/month studios to $2,714/month two-bedrooms. By comparison, the market-rate rentals range from $1,850/one bedrooms to $3,000/month two-bedrooms.

Find out if you qualify

affordable housing, Bushwick, housing lotteries, Major Developments, More Top Stories

Rendering via ODA Architects

A lottery launched this week for 100 affordable units at 10 Montieth Street, part of the massive ODA-designed Rheingold Brewery development in Bushwick. The seven-story, 392-unit building topped out last September, with its distinct modular form, sloping rooftop garden and colorful frames. Amenities at the building include a climbing wall, laundry room, interior courtyard, game room, bike storage, children’s playroom, art studios and much more. Qualifying New Yorkers earning 60 percent of the area median income can apply for the units, ranging from $913/studios to $1,183/two-bedroom apartments.

Find out if you qualify

affordable housing, Brooklyn, housing lotteries

Photo of Marine Park via NYC Parks

A lottery launched this week for nine middle-income apartments in the Midwood neighborhood of Brooklyn. Located at 2802 Kings Highway, the building sits at a nexus of Madison and Marine Park, which is home to Brooklyn’s largest public park. Nearby transit options include the B and Q trains, as well as a slew of Brooklyn-bound buses. Qualifying New Yorkers earning 130 percent of the area median income can apply for the one-bedrooms for $1,700/month or two-bedrooms for $2,200/month.

Find out if you qualify

affordable housing, Harlem, housing lotteries

Photo of Harlem via Ian Freimuth/Flickr

Just hours ago, 6sqft published an article about how many middle-income New Yorkers forego affordable housing opportunities because the “affordable” units are actually more expensive than their current market-rate homes. And now here’s a perfect example. Five units are available through the city’s housing lottery in the heart of Harlem, at 10 West 132nd Street, but the two studios are $1,900/month and the three one-bedrooms are $2,270/month. For a two-person household earning between $ 77,829 and $ 108,550 annually, is a $2,300 monthly rent payment really affordable?

All the details ahead

affordable housing, Greenpoint, housing lotteries

Photo via CityRealty

A newly constructed, 14-unit rental in Greenpoint has launched a lottery for three affordable one-bedroom apartments. The ground-up building is located at 977 Manhattan Avenue, between India and Huron Streets, and is an investment property, with the entire building listed for $14.25 million. Qualifying New Yorkers earning 60 percent of the area median income can apply for the $1,020/month one-bedroom apartments.

Find out if you qualify

affordable housing, Clinton Hill, housing lotteries

Rendering via Aufgang Architects

A newly constructed Clinton Hill building is now accepting applications for 35 middle-income units. Located at 325 Lafayette Avenue, the building sits around the corner from the Pratt Institute, Classon Playground and a plethora of restaurants and bars. The eight-story rental, designed by Aufgang Architects, features a brick facade with metal panels. Qualifying New Yorkers earning 130 percent of the area median income can apply for units ranging from a $2,030/month studio to a $2,581/month two-bedroom.

Find out if you qualify

affordable housing, Harlem, housing lotteries

Rendering via MAP Architects

A brand new East Harlem mixed-use development, known as Acacia Gardens, now has 124 middle- income apartments up for grabs. The 12-story brick building at 411 East 120th Street, the site of a former parking lot, includes over 180,000 square feet of residential space. Qualifying New Yorkers earning 60 and 100 percent of the area median income can apply for units ranging from an $822/month studio to a $1,706/month three-bedroom.

Find out if you qualify

affordable housing, Bronx, housing lotteries

Photo © Woodlawn Cemetery

Applications are now being accepted for 122 newly constructed, mixed-income apartments at Webster Commons D, one out of five buildings located at 3620 Webster Avenue. The development, which sits across from the sprawling Woodlawn Cemetery in the Bronx, was designed by Aufgang Architects and was chosen as the 2016 Project of the Year by the New York Association for Affordable Housing. Qualifying New Yorkers earning 40, 50, 100, and 110 percent of the area median income can apply for units ranging from a $519/month studio to a $1,965/month three-bedroom.

Find out if you qualify

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