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Fordham Manor: Affordable Housing Lottery Launched, Deadline August 10

2692 Creston Avenue in Fordham, The Bronx
Image courtesy of NYC Housing Connect

An affordable housing lottery launched on July 22 for units at 2692 Creston Avenue, an eight-story residential building in Fordham Manor.

 

Designed by Gerald J. Caliendo, the structure yields 19,111 square feet and 16 residential units. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $63,429 to $167,570. as reported by YIMBY.

 

2692 Creston Avenue in Fordham, The Bronx
Image courtesy of NYC Housing Connect

Amenities include bike storage lockers, a recreation room, and a shared laundry room. Units include name-brand appliances and finishes, air conditioning, high-speed internet, energy-efficient appliances, and a patio or balcony.

 

At 130 percent of the AMI, there are two one-bedroom units with a monthly rent of $1,850 for those with incomes ranging from $63,429 to $139,620 and two two-bedroom units with a monthly rent of $2,200 for those with incomes ranging from $75,429 to $167,570.

2692 Creston Avenue in Fordham, The Bronx
Image courtesy of NYC Housing Connect

Prospective renters must meet income and household size requirements to apply for the apartments, and applications must be postmarked or submitted online no later than August 10, 2021.

 

To request an application by mail, send a self-addressed envelop to 2692 Creston Avenue Apartments, C/O Reside New York, 349 Keap Street, Brooklyn, NY 11211. Tenants are responsible for electricity which includes hot water, and gas which includes stove and heat.

This chart helps residents understand the AMI income categories used by New York City Department of Housing Preservation & Development to determine eligibility for affordable housing, which vary by household size.
Source: New York City Department of Housing Preservation & Development

The building is anticipated to receive a Tax Exemption through the 421a Tax incentive program of the New York City Department of Housing Preservation and Development For more information, go to https://bit.ly/2692CrestoneAve.

 

There are no deposits/application fees. For more information, prospective renters can also visit: https://housingconnect.nyc.gov/PublicWeb/details/2250.

 

Editor’s Note: Norwood News does not accept or process any applications. Please liaise directly with NYC Housing Connect. 

 

 

Welcome to the Norwood News, a bi-weekly community newspaper that primarily serves the northwest Bronx communities of Norwood, Bedford Park, Fordham and University Heights. Through our Breaking Bronx blog, we focus on news and information for those neighborhoods, but aim to cover as much Bronx-related news as possible. Founded in 1988 by Mosholu Preservation Corporation, a not-for-profit affiliate of Montefiore Medical Center, the Norwood News began as a monthly and grew to a bi-weekly in 1994. In September 2003 the paper expanded to cover University Heights and now covers all the neighborhoods of Community District 7. The Norwood News exists to foster communication among citizens and organizations and to be a tool for neighborhood development efforts. The Norwood News runs the Bronx Youth Journalism Heard, a journalism training program for Bronx high school students. As you navigate this website, please let us know if you discover any glitches or if you have any suggestions. We’d love to hear from you. You can send e-mails to norwoodnews@norwoodnews.org or call us anytime (718) 324-4998.

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