affordable housing

affordable housing, housing lotteries, Lower East Side

180 Broome Street on left; Rendering by Moso Studio

An affordable housing lottery is set to launch Wednesday for 121 mixed-income units at a brand new Lower East Side rental. The Artisan, located at 180 Broome Street, is part of the nine-site Essex Crossing development. The tower contains 263 apartments, retail at street level, office space on levels two through five, and underground access to the Market Line. Qualifying New Yorkers earning 40, 60, 130, or 165 percent of the area median income can apply for the apartments, which range from $562/month studios to $3,770/month three-bedrooms.

Do you qualify?

affordable housing, Astoria, housing lotteries

Live in the artsy section of Astoria, from $990/month

By Devin Gannon, Mon, February 3, 2020

Part of the Welling Court Mural Project; via Wikimedia

Located just steps from the Welling Court Mural Project and Socrates Sculpture Park, a new rental building in Astoria has launched an affordable housing lottery. Fifteen newly constructed units are up for grabs at the Amana Astoria, located at 14-47 29th Avenue. Qualifying New Yorkers earning 70, 80, and 130 percent of the area median income can apply for the apartments, which range from a $990/month studio to a $2,770/month two-bedroom.

Find out if you qualify

affordable housing, housing lotteries, Williamsburg

Dime Savings Bank, The Dime, Williamsburg, Housing lotteries, affordable housing, charney construction and development, fogarty finger architects, tavros development partners

Renderings courtesy of Fogarty Finger Architects

A housing lottery has just launched for 54 newly constructed units inside the 23-story tower rising next to the historic Dime Savings Bank in Williamsburg. At a height of 264 feet, the mixed-use development is among the tallest in the neighborhood and includes ground-floor retail, 100,000 square feet of office space, and 178 rental apartments. The 109-year-old bank will be preserved and integrated into the project. Qualifying New Yorkers earning 130 percent of the area median income can apply for the units, which range from $2,116/month studios to $3,150/month three-bedrooms.

Find out if you qualify

affordable housing, Brownsville, housing lotteries

672 Powell Street, affordable housing, nyc lottery

Ebenezer Plaza under construction in 2018; Map data © 2020 Google

Nearly 200 affordable apartments are up for grabs at a new rental building in the Brownsville neighborhood of Brooklyn. A housing lottery launched on Thursday for 176 units at 672 Powell Street, which is part of the massive Ebenezer Plaza project that will bring four towers to two sites on the block. Qualifying New Yorkers earning 30, 40, 50, and 60 percent of the area median income can apply for the units, which range from $367/month studios to $1,472/month three-bedrooms.

Find out if you qualify

affordable housing, housing lotteries, Prospect-Lefferts Gardens

Rendering of 350 Clarkson Avenue; Credit: Phiro

A housing lottery will launch Friday for 75 middle-income apartments in a newly constructed Brooklyn building. Located at 350 Clarkson Avenue in Prospect-Lefferts Gardens, the building, dubbed “The Lois,” contains 250 apartments with 6,000 square feet of ground-floor retail. Designed by Cetra Ruddy, the eight-story building boasts a masonry facade with copper panel details, a nod to the area’s industrial history. Qualifying New Yorkers earning 130 percent of the area median income can apply for the units, which range from $1,721/month studios to $2,975/month three-bedrooms.

Do you qualify?

affordable housing, housing lotteries, Midwood

the vitagraph, 1277 east 14th street, midwood

Rendering of 1277 East 14th Street by Maqe

A housing lottery launched Tuesday for 91 middle-income apartments at a newly constructed building in Midwood. Located at 1277 East 14th Street in the central Brooklyn neighborhood, the building sits on the former site of Vitagraph Studios, an acclaimed production company founded in the borough in 1897. The Vitagraph Apartments, which opened last summer, contain 302 units and amenities like a landscaped roof deck and fitness center. Qualifying New Yorkers earning 130 percent of the area median income can apply for the units, which includes $2,346/month one-bedrooms and $2,830/month two-bedrooms.

Find out if you qualify

affordable housing, Bronx

2111 Southern Boulevard; Map data ©2020 Google

A group of real estate companies has purchased eight affordable housing buildings in the Bronx for $166 million. LIHC Investment Group, Belveron Partners, and Camber Property Group last week announced the joint deal, which involves 1,275 housing units and 10 commercial units that fall under the city’s Mitchell-Lama program. The firms plan to keep the units affordable, instead of converting them to market-rate apartments when the rent regulations expire.

Learn about it

Featured Story

affordable housing, apartment living 101, Features, More Top Stories, NYC Guides, Policy, renting 101

NYC affordable housing

Photo via Wiki Commons

Affordable housing is one of the hottest topics in the real estate market these days. It all started with Mayor de Blasio’s plan to preserve or build 300,000 affordable units by 2026, which has resulted in a slew of new lotteries, a recent update to the lottery policy to ease the process for immigrants and low-income New Yorkers, and a record number of affordable homes for seniors and homeless New Yorkers. But the topic is not without its issues, with many still wondering if the city is doing enough for affordability and if some of these units are really affordable. Whatever your opinion, there’s no doubt that affordable housing in NYC can get quite confusing. Ahead, 6sqft breaks down the different types of programs, how you can qualify and apply, and what happens if and when you get in.

Everything you need to know about affordable housing

affordable housing, Greenpoint, housing lotteries

Streetview of 215 Freeman Street from Nov 2017; Map data © 2019 Google

Applications are now being accepted for a 100-spot waitlist for a rental building in Greenpoint. Located at 215 Freeman Street at the foot of the Pulaski Bridge, the building sits near all Manhattan Avenue has to offer, with easy access to Long Island City and beyond via the bridge’s pedestrian path. Qualifying New Yorkers earning 130 percent of the area median income can apply to be placed on the waitlist for the apartments, which include one-bedrooms priced between $2,270 and $2,542 per month and two-bedrooms between $2,733 and $3,063 per month.

Do you qualify?

affordable housing, Policy

Photo credit: Michael Appleton/Mayoral Photography Office on Flickr

Mayor Bill de Blasio on Tuesday released a plan to get 3,600 homeless New Yorkers off city streets within five years. The six-point initiative adds new “safe haven” beds, creates 1,000 permanent units of housing, provides new health resources, and ramps up the city’s outreach response. Named The Journey Home, the $100 million plan comes as the number of those experiencing homelessness in the city has reached the highest levels in nearly 100 years, with more than 60,000 people currently living in homeless shelters.

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