The affordable housing lottery has launched for 1739 Grand Avenue, a seven-story residential building in Morris Heights, The Bronx. Designed by RSLN Architecture and developed by Affordable Living NY, the structure yields 31 residences. Available on NYC Housing Connect are 30 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $99,086 to $198,250.
1739 Grand Avenue in Morris Heights, The Bronx via NYC Housing Connect
Furnishings include hardwood floors, recessed lighting, and floor-to-ceiling windows. Tenants have access to an open parking garage on the ground floor.
At 130 percent of the AMI, there are seven studios with a monthly rent of $2,890 for incomes ranging from $99,086 to $146,900; 13 one-bedrooms with a monthly rent of $3,059 for incomes ranging from $104,880 to $165,230; and 10 two-bedrooms with a monthly rent of $3,599 for incomes ranging from $123,395 to $198,250.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than December 8, 2023.
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This isn’t affordable housing!
This is income linked HOUSING FOR UPPER INCOME PEOPLE ONLY and not for the low or middle income of the Bronx.
At 130 percent of the AMI, there are seven studios with a monthly rent of $2,890 for incomes ranging from $99,086 to $146,900; 13 one-bedrooms with a monthly rent of $3,059 for incomes ranging from $104,880 to $165,230; and 10 two-bedrooms with a monthly rent of $3,599 for incomes ranging from $123,395 to $198,250.
The millionaire developer used the NYS taxpayer subsidized dead 421A program