555 Nereid Avenue

affordable housing, Bronx, housing lotteries

Rendering courtesy of NYC Department of Housing Preservation & Development

Applications are now being accepted for 35 studios set aside for low-income New Yorkers. Located at 555 Nereid Avenue in Wakefield, the building sits on the site of the former Joseph A. Muller Army Reserve Center. The newly redesigned four-story site, dubbed the Muller Residences, now contains roughly 90 units, with 54 apartments set aside for formerly homeless veterans and 35 for those earning 60 percent of the area median income, which are available through this current housing lottery. Applicants must earn between $30,583 annually for a one-person household and $57,000 annually for a two-person household to qualify for the $892/month studio apartments.

Find out if you qualify

affordable housing, Bronx

Photo via Wiki Commons 

The Doe Fund has announced plans to develop 90 new units of affordable housing in the Bronx on the site of the former Joseph A. Muller Army Reserve Center at 555 Nereid Avenue in Wakefield. The New York City-based nonprofit organization acquired the long-dormant structure in 2013 and has since worked with Wakefield residents to create a redevelopment plan that responds to the community’s needs. As a result, the site will be converted into 90 studio apartments, 54 of which will be reserved for formerly homeless veterans.

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