The affordable housing lottery has launched for 2754 Creston Avenue, a six-story residential building in Fordham, The Bronx. Designed by Rise Architecture and developed by Alfred Mitaj of First Structure LLC, the structure yields 22 residences. Available on NYC Housing Connect are eight units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $102,480 to $198,250.
Residences come with air conditioning, intercoms, and high-speed internet. Amenities include an accessible entrance, package lockers, elevator, bike storage lockers, and security cameras. Tenants are responsible for electricity.
At 130 percent of the AMI, there are 19 studios with a monthly rent of $3,128 for incomes ranging from $107,246 to $146,900.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than April 3, 2024.
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So is the default Bronx affordable building made of styrofoam now?
3000 dollars for a studio in the hood?