Urban Architectural Initiatives

affordable housing, Bronx, Construction Update, housing lotteries, New Developments, Rentals

NYC affordable housing, Bronx development, NYC architecture

Applications are now being accepted for 20 brand new affordable homes at 491 East 165th Street in the Morrisania section of the Bronx. The 10-story building will house eight studio apartments priced at $690 per month for qualified applicants earning between $24,995 and $38,100 annually. Six one-bedroom units are priced at $775/month and are available to one- or two-family households earning between $27,943 and $43,500 per year, and six two-bedroom units will go for $950/month for two- to four-person households earning between $33,943 and $54,360 per year.

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