Middle-Income Housing Lottery Opens for 16 Newly Renovated Apartments in Harlem

Posted On Tue, March 29, 2016 By

Posted On Tue, March 29, 2016 By In affordable housing, Harlem, housing lotteries

152 West 124th Street (L); 70 East 127th Street (R). Via Google Street View.

The Third Party Transfer Program (TPT) is an initiative of the NYC Department of Housing and Preservation Development that was created in 1966 where the city forecloses on properties with unpaid taxes and eventually transfers ownership to a developer who must rehabilitate the building if necessary and manage it as affordable housing. Two Harlem buildings, 152 West 124th Street and 70 East 127th Street, were renovated under this program and are now offering 16 middle-income units through the city’s housing lottery. They range from $1,040/month studios to $2,165 two-bedrooms for persons earning anywhere between $36,995 and $107,875 annually, depending on household size.

affordable housing lottery, TPT Homes in Harlem, NYC middle-income housing

Applications are being accepted through April 19th. Those who qualify can apply here. Find below our map of other ongoing housing lotteries:

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Neighborhoods : Harlem

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