The affordable housing lottery has launched for 555 Waverly Avenue, an eight-story residential building in Clinton Hill, Brooklyn. Designed by HTO Architect and developed by Madison Realty Capital, the structure yields 190 residences. Available on NYC Housing Connect are 13 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $65,315 to $167,570.
Amenities include a landscaped rooftop, gym, bike storage, indoor and outdoor tenant lounge, 24-hour attended lobby, a shared laundry room, and parking for an additional fee. Units include washers and dryers, name-brand appliances and finishes, and hardwood floors. Tenants are responsible for electricity.
At 130 percent of the AMI, there are five studios with a monthly rent of $1,905 for incomes ranging from $65,315 to $124,150; seven one-bedrooms with a monthly rent of $2,023 for incomes ranging from $69,360 to $139,620; and one two-bedroom with a monthly rent of $2,500 for incomes ranging from $85,715 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 October 27, 2021.
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Need a studio apartment for 1 person for $1,995 monthly.
Can be reached by email.
Looking for 3bedroom for a 4 family 3 adults 1 boy 12 yrs old please send email thank you
Does the property accept disability ssi
Who does Housing Lottery really benefit?
Most people who picked n benefit from lottery seems to be the non black why is that ?
But I guess black n Brown people fail to register for lottery
People who make less than $65,000 we’ll never get out of the slums their stock for their lives guess where are they going to get $2,500 to pay for a one-bedroom apartment this is really ridiculous. It is so shameful at anyone who makes less than $65,000 should live in rat infested apartments with their children my god when is New York going to wake up it’s a damn disgrace. How are they going to buy food can they live in a one-bedroom with their children this is all about stifling black and brown people to live in ghettos that’s all it’s about no pressure making $20 an hour cannot live in these buildings they will not even get a job as a super New York City is a damn disgrace to pay for essential workers.all the poor white people are running into Brooklyn and displacing do residents who live here where are they going to go.
I know 2 out of almost 5,000 Facebook friends who got their apt via hosing lottery. We have to move out of NYC to get a deal so if you can find remote work that is the only way to get ahead. Once they finish building up NYC we will be priced out. If a person can’t afford a studio on minimum wage they have to live with people until they can do better. This causes people to live in illegal apts. @TyDaleyNYC
Not Affordable for most renters; the system is broken, the AMI, sliding scale income qualification, means testing, rental subsidies all of it. Most individuals, (not millionaire’s) make far less post tax deduction (net pay) than the gross income the AMI sliding scale utilizes to calculate rental affordability. Everyone is aware of this especially our beloved government but still they calculate affordability and eligibility against this dynamic. Calculating income and defining what is affordable needs to be reconfigured to reflect an accurate snapshot of all expenditures against an individuals net income and actual wealth. Calculating what is affordable is unrealistic when utilizing the current system. (Third Generation New Yorker).
Because of the neighborhood it’s why the salary range is a bit high….. It’s affordable Housing for those who actually can afford it….. Everyone can’t buy a Home……