An affordable housing lottery has been launched for new units at 2885 Marion Avenue, an eight-story mixed-use development in Bedford Park, The Bronx, as reported by New York YIMBY, the architecture, construction, and real estate website.

Designed by OCV Architects, the 118,000-square-foot building will yield 114 units. Available on NYC Housing Connect are 97 units for residents at 50 to 110 percent of the area median income, ranging in eligible income from $38,743 to $155,100.

YIMBY representatives write that residential amenities include a shared laundry room, a community room, and a rooftop garden terrace. Units include LED light fixtures, low-emissive argon-filled windows, energy-efficient appliances, and low-flow water fixtures. A community facility space in the building will house a childcare center for the surrounding neighborhood.

At 50 percent of the AMI, there are nine two-bedrooms with a $1,045 monthly rent for incomes ranging from $39,018 to $61,400 and three three-bedrooms with a $1,200 monthly rent for incomes ranging from $45,086 to $70,500.

At 60 percent of the AMI, there is one one-bedroom with a $1,058 monthly rent for incomes ranging from $38,743 to $61,400; 24 two-bedrooms with a $1,280 monthly rent for incomes ranging from $47,075 to $73,680; and eight three-bedrooms with a $1,472 monthly rent for incomes ranging from $54,412 to $84,600.

At 90 percent of the AMI, there are eight one-bedrooms with a $1,375 monthly rent for incomes ranging from $49,612 to $92,160; 19 two-bedrooms with a $1,660 monthly rent for incomes ranging from $60,103 to $110,520; and seven three-bedrooms with a $1,911 monthly rent for incomes ranging from $69,463 to $126,900.

At 110 percent of the AMI, there are five one-bedrooms with a $1,554 monthly rent for incomes ranging from $55,749 to $112,640; 13 two-bedrooms with a $1,874 monthly rent for incomes ranging from $67,440 to $135,080; and four three-bedrooms with a $2,159 monthly rent for incomes ranging from $77,966 to $155,100.

Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than April 20, 2021.

Norwood News reported at the end of last year how, on Dec. 30, the New York City Department of Housing Preservation and Development (HPD) and New York City Housing Development Corporation (HDC) announced they were soliciting submissions from companies that could come up with alternative ways of helping renters in City and HDC-sponsored affordable housing to pay their required security deposits when signing a lease.

The Security Deposit Alternatives RFEI program identifies eligible companies that could potentially offer alternate solutions to the traditional, lump-sum deposit requirement which plagues many low and medium-income renters.