The Affordable Housing Lottery has been launched for 1769 Jerome Avenue, a 16-story mixed-use building in Morris Heights, The Bronx. Designed by Marvel Architects and developed through the Jerome Housing Development Fund, the structure provides 175 homes. Available on NYC Housing Connect, 60 units are available to residents at 60 to 80 percent of the area’s median income (AMI), ranging in eligible income from $ 34,972 to $ 118,400.
Facilities include a superintendent, lifts, reception guard, a common room, living terrace, fitness room, bicycle storage room and a common laundry room. The homes will have energy efficient appliances, air conditioning and hardwood floors.
At 60 percent of AMI, there are 16 studies with a monthly rent of $ 947 for incomes ranging from $ 34,972 to $ 57,300; three one-bedroom with a monthly rent of $ 1,192 for incomes ranging from $ 43,715 to $ 64,440; 15 two-bedroom with a monthly rent of $ 1,420 for incomes ranging from $ 52,423 to $ 77,340; and a three-bedroom with a monthly rent of $ 1,631 for incomes ranging from $ 60,583 to $ 88,800.
At 80 percent of AMI, there are six studies with a monthly rent of $ 1,163 for incomes ranging from $ 42,378 to $ 76,400; two-bedroom with a monthly rent of $ 1,465 for incomes ranging from $ 53,075 to $ 85,920; 14 two-bedroom with a monthly rent of $ 1,770 for incomes ranging from $ 64,423 to $ 103,120; and three three-bedrooms with a monthly rent of $ 2,037 for incomes ranging from $ 74,503 to $ 118,400.
Potential tenants must meet the income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online by January 18, 2021.
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