The affordable housing lottery has launched for 1818 Prospect Avenue, a seven-story residential building in Crotona Park East, The Bronx. Developed by Moses Freund of The Vaja Group and designed by BTE Design Services, the structure yields 46 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 $147,292 to $227,630.
Residents will have access to a shared laundry room and garage. Units come with energy-efficient appliances, air conditioning, and high-speed internet. Tenants are responsible for electricity.
At 130 percent of the AMI, there are five three-bedrooms with a monthly rent of $4,296 for incomes ranging from $147,292 to $227,630.
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 1, 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
Why is it so hard for some architects to design a simple apartment building?
Who is this affordable for?
This has got to be the worst case of Chutzpah in the world for NYYIMBY or anyone else to call this affordable!
This is luxury income linked housing for rich people only
What a joke
421a is dead
I don’t know about anybody else but when I think of luxury I don’t think of vinyl baseboard and a styrofoam facade.
When you think about “affordable housing” does this building come to mind?
Or do you agree with me that this is income linked housing for rich people and the developer took advantage of the now dead 421A NYS taxpayer subsicized program to build at 130% AMI
I’m very curious about who will rent this. It’s mot even in a trendy part of the Bronx.
Yes yes i like it Thank you.
I WOULD LOVE TO APPLY FOR AN APPARMENT HERE.