The affordable housing lottery has launched for Allen Affordable HDFC, a two-family, 3,200-square-foot house at 163-19 109th Avenue in Jamaica, Queens. Designed by Gerald Caliendo Architects and developed by The Greater Allen Development Corporation, the structure yields two residences, each with three bedrooms and two bathrooms. Available on NYC Housing Connect is one unit for sale for residents at 165 percent of the area median income (AMI), ranging in eligible income from $155,882 to $273,075.
Allen Affordable HDFC at 163-19 109th Avenue in Jamaica, Queens via NYC Housing Connect
Allen Affordable HDFC at 163-19 109th Avenue in Jamaica, Queens via NYC Housing Connect
Amenities include pet-friendly policies, assigned parking spaces, storage, and shared laundry room. Residences come with dishwashers in unit, hardwood floors, smart controls for heating and cooling, patios or balconies, and name-brand kitchen appliances, countertops, and finishes.
At 165 percent of the AMI, there is a three-bedroom, 4.5-bathroom home for families with a household income average of $155,882 to $273,075 and an asset limit of $208,450. The home will have an estimated sales price of $830,000.
Eligible buyers must have a minimum of five percent of the purchase price available for down payment and meet mortgage lending standards. Prospective buyers must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than January 26, 2023.
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you’re absolutely joking to call this AFFORDABLE HOUSING
THIS IS INCOME LINKED HOUSING
At 165 percent of the AMI, there is a three-bedroom, 4.5-bathroom home for families with a household income average of $155,882 to $273,075 and an asset limit of $208,450. The home will have an estimated sales price of $830,000.
You are absolutely right.