The affordable housing lottery has launched for Peninsula 1221 and 1225 Spofford Avenue, a 14-story residential building in Hunts Point, The Bronx. Designed by WXY Architecture + Urban Design and Body Lawson Associates Architects & Planners, and developed by Gilbane Development Company with Hudson Companies and Mutual Housing Association of New York, the structure yields 303 residences. Available on NYC Housing Connect are 60 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $19,235 to $158,760.
Amenities include a bike room, community room, tenant lounge, outdoor terraces, fitness rooms, shared laundry room, children’s playroom, and a garage with assigned parking spaces. Residences are equipped with dishwashers, energy-efficient appliances, and free in-unit broadband internet. Tenants are responsible for electricity.
At 30 percent of the AMI, there are eight studios with a monthly rent of $465 for incomes ranging from $19,235 to $40,710; ten one-bedrooms with a monthly rent of $591 for incomes ranging from $23,966 to $45,810; eight two-bedrooms with a monthly rent of $700 for incomes ranging from $28,869 to $54,960; and six three-bedrooms with a monthly rent of $800 for incomes ranging from $33,463 to $63,120.
At 40 percent of the AMI, there are eight studios with a monthly rent of $665 for incomes ranging from $26,092 to $54,280; 12 one-bedrooms with a monthly rent of $841 for incomes ranging from $32,538 to $61,080; 11 two-bedrooms with a monthly rent of $1,000 for incomes ranging from $39,155 to $73,280; 11 three-bedrooms with a monthly rent of $1,147 for incomes ranging from $45,360 to $84,160; and one four-bedroom with a monthly rent of $1,270 for incomes ranging from $50,743 to $95,000.
At 50 percent of the AMI, there are 13 studios with a monthly rent of $1,046 for incomes ranging from $39,155 to $67,850; 15 one-bedrooms with a monthly rent of $1,318 for incomes ranging from $48,892 to $76,350; 13 two-bedrooms with a monthly rent of $1,569 for incomes ranging from $58,663 to $91,600; seven three-bedrooms with a monthly rent of $1,801 for incomes ranging from $67,783 to $105,200; and one four-bedroom with a monthly rent of $1,996 for incomes ranging from $75,635 to $118,750.
At 60 percent of the AMI, there are 19 studios with a monthly rent of $1,289 for incomes ranging from $47,486 to $81,420; 26 one-bedrooms with a monthly rent of $1,622 for incomes ranging from $59,315 to $91,620; 21 two-bedrooms with a monthly rent of $1,933 for incomes ranging from $71,143 to $109,920; 15 three-bedrooms with a monthly rent of $2,223 for incomes ranging from $82,252 to $126,240; and two four-bedrooms with a monthly rent of $2,466 for incomes ranging from $91,749 to $142,500.
At 70 percent of the AMI, there are 22 studios with a monthly rent of $1,532 for incomes ranging from $55,818 to $94,990; 29 one-bedrooms with a monthly rent of $1,926 for incomes ranging from $69,738 to $106,890; 27 two-bedrooms with a monthly rent of $2,298 for incomes ranging from $83,658 to $128,240; 16 three-bedrooms with a monthly rent of $2,644 for incomes ranging from $96,686 to $147,280; and two four-bedrooms with a monthly rent of $2,936 for incomes ranging from $107,863 to $166,250.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than July 7, 2026.






