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Affordable Housing Lottery Launched in New York City; Multiple Apartments Up for Lease under NYC Housing Connect

Affordable Housing Lottery Launched in New York City; Multiple Apartments Up for Lease under NYC Housing Connect

A new residential building in Bedford-Stuyvesant, Brooklyn, offers affordable housing options through a lottery system. The structure, consisting of 33 residences, was designed by Adam R. Taddonio and developed by Isaac Broyn under the 952 Bedford LLC.

There are ten units available on NYC Housing Connect for residents with incomes ranging from $70,903 to $218,010, which is 80 to 130 percent of the area median income (AMI).

The residences are designed to provide you with the utmost comfort and convenience. You’ll enjoy the luxury of air conditioning, high-speed internet, and energy-efficient appliances. Each residence also features intercoms, patios or balconies, and top-of-the-line kitchen appliances, countertops, and finishes. Enjoy the convenience of a rooftop terrace, virtual doorman, and elevator.

Tenants are responsible for covering the cost of electricity, which includes the usage of the stove, heating, and hot water.

For those earning between $70,903 and $111,840, there are two one-bedroom apartments available at 80 percent of the AMI. These apartments have a monthly rent of $1,929.

Additionally, there are three two-bedroom apartments with a monthly rent of $2,247 for individuals with incomes ranging from $82,835 to $134,160 as reported by New York Yimby.

There are four one-bedroom apartments available with a monthly rent of $3,253 for incomes ranging from $111,532 to $181,740, and one two-bedroom apartment with a monthly rent of $3,835 for incomes ranging from $131,486 to $218,010.

Applicants for these apartments are required to meet specific income and household size criteria. Please ensure that your applications are postmarked or submitted online by July 16, 2024.

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