The low-cost housing lottery has been launched at 65 Buchanan Place, a seven-story mixed-use building in University Heights, The Bronx. Designed by Asher Hershkowitz Architect and developed by Craig Nassi of BCN Development, the structure provides 23 homes. Available on NYC Housing Connect are seven units for residents with 130 percent of the area’s median income (AMI), ranging in eligible income from $ 60,515 to $ 139,620.
Facilities include a shared laundry room and a virtual doorman. The units come with name tags and finishes, air conditioning, energy efficient appliances and either a patio or balcony. Tenants are responsible for electricity.
At 130 percent of AMI, there are seven one-bedroom rooms with a monthly rent of $ 1,765 for incomes ranging from $ 60,515 to $ 139,620.
Potential tenants must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online by November 1, 2021.
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