"Nearly 60% of Bronx renters spend more than 30% of their income on rent. In Brooklyn, more than half of renters do the same. Here are three affordable housing lotteries in Brooklyn and the Bronx closing within days."
"La Olazul is offering 37 new affordable apartments along the Jerome Avenue corridor in Mount Hope in the Bronx, with 29 studio units, six one-bedrooms and two two-bedrooms available. The development sits between East Tremont Avenue and East 177th Street. It's accessible by the 4, B and D trains and several bus routes."
"The smoke-free building includes a rooftop terrace, outdoor terrace, gym, bike storage lockers, laundry facilities, community center, elevator and security cameras. Heat and hot water are included with rent, but tenants are responsible for electricity, including air conditioning and electric stoves. Pets are not allowed except for service animals."
"Preference is given to residents of Bronx Community Board 5, municipal employees, veterans and applicants who need mobility or vision/hearing-accessible units. How to apply: Submit an online application through NYC Housing Connect by May 8."
Most New York City renters face difficulty finding affordable housing, with Bronx residents experiencing the highest rent burden. Nearly 60% of Bronx renters spend more than 30% of their income on rent, and more than half of Brooklyn renters do the same. Three affordable housing lotteries are closing within days, including apartments in a new Bronx development along the Jerome Avenue corridor, a luxury-style building near the Barclays Center, and a modern Sheepshead Bay development. The Bronx lottery at 1940 Jerome Ave offers studios, one-bedrooms, and two-bedrooms with specified rent ranges and eligibility income limits. The building includes amenities such as terraces, a gym, bike storage, laundry, a community center, and security features, with heat and hot water included.
#affordable-housing-lotteries #nyc-renters #bronx-rent-burden #brooklyn-housing #nyc-housing-connect
Read at Epicenter NYC
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