signature urban properties

affordable housing, Bronx, housing lotteries

Image courtesy of the NYC Department of Housing Preservation and Development

An affordable housing lottery opened this week for 156 apartments in the Bronx. Located at 1923 West Farms Road in West Farms, the 16-story rental dubbed Compass Six offers tenants spacious units and outdoor space. New Yorkers earning 30, 50, 70, and 80 percent of the area median income, or between $16,183 annually for a single person and $132,400 annually for a household of seven, can apply for the apartments, priced from $397/month studios to $2,273/month three bedrooms.

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