In the Bronx, two residential developments on the rise have launched their affordable lotteries through the city’s Housing Connect website, making for the chance to snag one of 170 affordable apartments.
In the borough’s Tremont neighborhood, a 124,153-square-foot building, taking shape at 2028 Creston Avenue has 105 affordable units up for grabs, across six different annual income earning brackets. The project, dubbed Creston Burnside, offers apartments that range in size from studios through three-bedrooms. Rents for the affordable homes go anywhere between $368/month on the low end of the spectrum to $1,965/month for a three-bedroom within the 120 percent AMI bracket. The full breakdown looks like this:
The building will offer a basic amenity package that is set to include a laundry room, community room, bike storage, and on-site parking (for an additional fee).
Meanwhile, two buildings that make up a development called TLK Manor, located at 944 Rogers Place and 917 Westchester Avenue in the Bronx’s Morrisania section, have launched its own affordable lottery for 37 studios through three-bedrooms that are spread across the two sites. Individuals and families earning 60 percent of the AMI (which equates to incomes between $31,372 66,420, depending on household and apartment size), can try their luck for one of 11 studios, 34 one-bedrooms, 12 two-bedrooms, or 8 three-bedrooms. Rents range between $860/month for a studio and $1,281/month for a three-bedroom.
The deadline to apply for both lotteries is May 21.