An affordable housing lottery has launched for units at 1074 Washington Avenue Senior Housing, a 12-story, mixed-use building with 154 units in Morrisania, The Bronx, as reported by YIMBY, the architecture, construction, and real estate website on Sunday, March 28.
The 135,360-square-foot development is being constructed through the Senior Affordable Rental Apartments and Inclusionary Housing Programs of the New York City Housing Preservation & Development and financed under Article XV of the New York Private Housing Finance Law. Available on NYC Housing Connect are 96 units for residents at 50 percent of the area median income (AMI), ranging in eligible income from $0 to $51,200.
Residential amenities include outdoor areas including a terrace, a shared laundry room, gym, recreation room, a security guard, and a community center on the first floor. Units will have air conditioning and energy-efficient appliances.
At 50 percent of the AMI, there are 63 studios with a $0 monthly rent for incomes ranging from $0 to $45,500 and 33 one-bedrooms with a $0 monthly rent for incomes ranging from $0 to $51,200.
Applications are open to individuals or households who have at least one household member who is 62 years of age or older at the time of application and who meet the income and household size. Applications must be postmarked or submitted online no later than May 25, 2021.