The affordable housing lottery has launched for 1760 Grand Avenue, a seven-story mixed-use building in Morris Heights, The Bronx. Designed by Gino Longo Architect and developed by Benjamin Sadykov of RBM Fundings LLC, the structure yields 15 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 $73,920 to $187,330.
Amenities include shared laundry room, community center, virtual doorman, elevator, and a rooftop terrace. Units come equipped with energy-efficient appliances, air conditioning, high-speed internet, and patios or balconies. Residents are responsible for electricity.
1760 Grand Avenue in Morris Heights, The Bronx via NYC Housing Connect
1760 Grand Avenue in Morris Heights, The Bronx via NYC Housing Connect
1760 Grand Avenue in Morris Heights, The Bronx via NYC Housing Connect
At 130 percent of the AMI, there is one studio with a monthly rent of $2,156 for incomes ranging from $73,920 to $138,840; one one-bedroom with a monthly rent of $2,205 for incomes ranging from $75,600 to $156,130; and three two-bedrooms with a monthly rent of $2,460 for incomes ranging from $84,343 to $187,330.
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 19, 2023.
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews
LOL
this is INCOME LINKED HOUSING for upper income people, not the low income people of the Bronx.
The millionaire developer gets his NYS taxpayer subsidy under 421Ato build 5 units
What a joke to try and call this affordable, to whom ?
At 130 percent of the AMI, there is one studio with a monthly rent of $2,156 for incomes ranging from $73,920 to $138,840; one one-bedroom with a monthly rent of $2,205 for incomes ranging from $75,600 to $156,130; and three two-bedrooms with a monthly rent of $2,460 for incomes ranging from $84,343 to $187,330.
It.s nice but i can.t afford. It i.am on a fixed budget. What about something for the senior. Thank you
Please I would like to get the application.