The apartments are available for households earning $107,246 to $198,250
A new development in the Bedford Park neighborhood of the Bronx is offering 43 rent-stabilized apartments through the city’s affordable housing lottery. The apartments are available for households earning $107,246 to $198,250, depending on the size of the household. Rents start at $3,128 for a studio.
The development, located at 3001 Grand Concourse, is a 10-story building with 96 units. The building has a laundry room, community center, package lockers, and a recreation room. It is near the Bedford Park Boulevard subway station, where you can catch the B and D trains, and the Bedford Park Boulevard–Lehman College station, where you can catch the 4 train. The building is also close to Devoe Park, Bronx Community College, and various restaurants and shops.
The apartments are set aside for New Yorkers earning 130 percent of the area median income
The apartments are set aside for New Yorkers earning 130 percent of the area median income (AMI), which is a measure of income based on the number of people in a household. Currently, the AMI for New York City is $113,000 for a two-person household.
The apartments available include studios, one-bedroom, and two-bedroom units. There are 14 studios available for households earning from $107,246 to $137,940. The rent for these apartments is $3,128. There are 27 one-bedroom apartments available for households earning from $114,686 to $165,230. The rent for these apartments is $3,345. There are two two-bedroom apartments available for households earning from $137,840 to $198,250. The rent for these apartments is $4,026.
The applications must be submitted online or postmarked by April 3rd
If you are interested and think you might qualify for one of these apartments, you can create a profile and apply online via NYC Housing Connect. For details on this particular lottery, click here. Applications must be submitted online or postmarked by April 3rd. Don’t apply more than once, or you could be disqualified.
Winning a rent-stabilized apartment can be life-changing, as it provides long-term stability and affordability for renters. Rent increases are capped and lease renewals are automatic, unlike market-rate apartments. However, the competition for these apartments is fierce, as thousands of applicants vie for a limited number of units. The chances of winning depend on various factors, such as the number of applicants, the size of the units, and the preferences of the lottery.
The development is one of the many affordable housing projects in the Bronx
The development at 3001 Grand Concourse is one of the many affordable housing projects in the Bronx, which is one of the most diverse and affordable boroughs in New York City. The Bronx has been undergoing a transformation in recent years, as new developments, businesses, and amenities have been attracting more residents and visitors. The Bronx also has a rich history and culture, as well as many parks, museums, and attractions.
The Bronx is also home to some of the most active and engaged communities in the city, who have been advocating for more affordable housing, better services, and more opportunities for the residents. The Bronx also has some of the most dedicated and passionate housing ambassadors, who are volunteers who help people navigate the housing lottery process and provide information and assistance.
