Affordable Housing

An affordable housing lottery opens for 67 apartments in the Melrose section of the Bronx

  • At eight units eligible applicants who earn $0 to $82,750 will pay no rent
By Emily Myers | December 22, 2022 - 9:30AM

A rendering of 341 East 162nd St. in the Bronx where a housing lottery is open to those earning no more than $132,000.

NYC Housing Connect

Housing lottery applications are open for 67 newly constructed apartments at 341 East 162nd St. in the Melrose section of the Bronx. Eligible applicants must earn no more than $132,000, depending on the size of the household. 

The building is intended to provide housing to some of New York City's most vulnerable residents. For eight units, set aside for eligible applicants who earn $0 to $82,750, the rent will be free.

There are 14 one-bedroom units, which can accommodate up to three people, available to households where the income is 50 percent of the area median income (AMI). This varies depending on how many people you live with. Currently the AMI for NYC is $106,800 for a two-person household. The rent for these apartments is $919 a month. 

The one, two, and three bedrooms are equipped with energy-efficient appliances. There's a shared laundry room, and community center as well as bike storage lockers. Additional fees apply for use of the laundry machines. 

The nearest subway stations are some distance from the building at 167th Street and 149th Street-Grand Concourse. The building is better served buses including the Bx6, BX13, and BX41 and is very close to Melrose station on the Harlem line of the Metro-North.  

The developers have set aside 25 percent of the rent-stabilized apartments for NYCHA residents. In addition, 50 percent of apartments will be allocated to applicants who already live in the area. Another 5 percent of the apartments will be preferentially given to NYC employees. A small percentage of the apartments are also set aside for residents with mobility, vision, and hearing needs. 

Applications must be submitted online or postmarked no later than January 30th. 

If you’re interested and think you might qualify for one of these apartments, you can create a profile and apply online via NYC Housing Connect. For details on this particular lottery, click here. Don’t apply more than once, or you could be disqualified.

Winning a rent-stabilized apartment can be life changing: Rent increases are capped and lease renewals are automatic, providing long-term affordability for NYC renters. Need more information on how the housing lottery works? Check out “6 steps for applying to NYC's affordable housing lottery.”

For some advice from successful applicants read “How to land a rental apartment through NYC's affordable housing lottery.” And if you or someone you know is having trouble with the application process, consider reaching out to a housing ambassador in the community.

Note: Brick Underground is in no way affiliated with New York City’s Department of Housing Preservation and Development or the Housing Development Corporation. If you are interested in applying to these or other affordable housing developments, please go to NYC Housing Connect for information and instructions.

Have you successfully won an apartment through the affordable housing lottery? If you have first-person advice to share about the process, we’d love to hear from you. Please send us an email. We respect all requests for anonymity.

 

Emily Myers

Senior Writer/Podcast Producer

Emily Myers is a senior writer, podcast host, and producer at Brick Underground. She studied journalism at the University of the Arts, London, and graduated with a MA Honors degree in English Literature from the University of Edinburgh. As host of the Brick Underground podcast she has earned three awards from the National Association of Real Estate Editors.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.
topics: