The affordable housing lottery has launched for 555 Grand Street, a six-story building in Williamsburg, Brooklyn. The 8,636-square-foot development was built in 1920, and yields 12 units. Available on NYC Housing Connect are two units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $80,572 to $167,570.
Units have hardwood floors and balconies. Residences amenities include a shared laundry room and an elevator. Tenants are responsible for electricity, which includes electric stove, hot water, and heat.
At 130 percent of the AMI, there are two two-bedrooms with a $2,350 monthly rent for incomes ranging from $80,572 to $167,570.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than May 27, 2021.