An affordable housing lottery has launched for units at The Henry, a six-story, residential building located at 2395 Palisade Avenue in the Spuyten Duyvil section of The Bronx, as reported by YIMBY.
Designed by Kutnicki Bernstein Architects and developed by Timber Equities, the structure yields 55 residential units.
Available on NYC Housing Connect, New York City’s Department of Housing, Preservation & Development (HPD)’s online portal, are 17 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $65,520 to $167,570.
At 130 percent of the AMI, there are three studios with a monthly rental payment of $1,825, for those with incomes ranging from $65,520 to $124,150; eight one-bedroom units with a monthly rental payment of $2,190, for those with incomes ranging from $78,446 to $139,620; and six two-bedroom units with a monthly rental payment of $2,675, for those with incomes ranging from $96,172 to $167,570.
Prospective renters must meet income and household size requirements to apply, and applications must be postmarked or submitted online no later than April 19, 2022.
According to HPD, tenants can now avail of an offer of two months free on all new leases. To request an application by mail, applicants should send a self-addressed envelop to The Henry, C/O Reside New York, 349 Keap Street, Brooklyn, NY 11211. To apply online, visit NYC Housing Connect.
Applicants should only send one application per development, and are advised that tenants are responsible for electricity, including electric stove and heat.
HPD officials say the building is anticipated to receive a tax exemption through HPD’s 421a tax incentive program. No deposits or application fees apply.
For more information, visit https://bit.ly/TheHenry2395Palisades or NYC Housing Connect.
Editor’s Note: Norwood News does not coordinate, refer, or process any applications. Please refer to NYC Housing Connect for further information.
Nota del editor: Para leer este artículo en español, o en algunas otras lenguas, vaya, por favor, a la esquina superior derecha de nuestro sitio web, www.norwoodnews.org, y seleccione “Spanish” en el menú desplegable. Notar que la traducción la hace Google Translate. Por lo tanto, en caso de duda, la version en inglés tiene prioridad. Norwood News no coordina, remite ni procesa ninguna solicitud para esta lotería. Por favor, consulte NYC Housing Connect para obtener más información.