The affordable housing lottery has launched for 38 Stratford Road, a five-story residential building in Prospect Park South, Brooklyn. Designed by Tecnico Engineering, the structure yields 17,188 square feet and 14 residences. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $63,429 to $167,570.
Residents will have access to an elevator, virtual doorman, bike room, assigned parking with electric car charging stations, and storage. Units include name-brand appliances and finishes, washers and dryers, and select units will have private balconies.
At 130 percent of the AMI, there is one one-bedroom with a monthly rent of $1,850 for incomes ranging from $63,429 to $139,620; two one-bedrooms with a monthly rent of $2,100 for incomes ranging from $72,000 to $139,620; and two two-bedrooms with a monthly rent of $2,350 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 August 17, 2021.