Housing Lottery Launches For Melrose North At 341 East 162nd Street In Melrose, The Bronx

 

The affordable housing lottery has launched for Melrose North, a 12-story residential building at 341 East 162nd Street in Melrose, The Bronx. Designed by Curtis + Ginsberg Architects and developed by New York City Housing Authority, the structure yields 171 residences. Available on NYC Housing Connect are 67 units for residents at 50 to 80 percent of the area median income (AMI), ranging in eligible income from $0 to $132,400.

Amenities include an on-site superintendent, front desk security, a community room, residential yard, bicycle storage room, and shared laundry room. Residences come with intercoms and energy-efficient appliances.

At 50 percent of the AMI, there are 26 units with a monthly rent ranging from $0 to $1,094 for incomes ranging from $0 to $82,750. At 70 percent of the AMI, there are 19 units with a monthly rent ranging from $1,345 to $1,844 for incomes ranging from $49,475 to $115,850. At 80 percent of the AMI, there are 22 units with a monthly rent ranging from $1,559 to $2,140 for incomes ranging from $56,812 to $132,400.

Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than January 30, 2022.