Affordable housing

The affordable housing lottery has launched for The Dime, a rental building above the historic Dime Savings Bank at 275 South 5th Street in South Williamsburg, Brooklyn. Designed by Fogarty Finger Architects and developed by Charney Companies and Tavros Holdings, the structure yields 177 residences. Available on NYC Housing Connect are 17 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,378 to $156,130.

The affordable housing lottery has launched for 658 Driggs Avenue, a five-story mixed-use building in Williamsburg, Brooklyn. Designed by Morris Adjmi Architects and developed by Red Sky Capital, the structure yields 20 residences and 4,088 square feet of ground-floor commercial space. Available on NYC Housing Connect are six units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $54,446 to $156,130.