Saturday, February 18, 2023

Housing Lottery Launches For The Bronx Grove At 261 East 202nd Street And 207 East 203rd Street In Bedford Park, The Bronx

 


The affordable housing lottery has launched for The Bronx Grove, two 11-story buildings at 261 East 202nd Street and 207 East 203rd Street in Bedford Park, The Bronx. Designed by Aufgang Architects and developed by Peter Fine, the structures yield 127 residences. Available on NYC Housing Connect are 127 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $0 to $132,400.

Amenities include a landscaped courtyard, 24/7 front desk security, elevators, computer room, resident teaching kitchen, a shared laundry room, and gyms. Residences come with air conditioning and energy-efficient light fixtures and appliances. Tenants are responsible for electricity.

At 30 percent of the AMI, there are 32 units with a monthly rent of $0 to $569 for incomes ranging from $0 to $43,230. At 40 percent of the AMI, there are 32 units with a monthly rent of $0 to $809 for incomes ranging from $0 to $57,640. At 50 percent of the AMI, there are 32 units with a monthly rent of $683 to $1,205 for incomes ranging from $26,366 to $82,750. At 70 percent of the AMI, there are 16 units with a monthly rent of $1,003 to $1,760 for incomes ranging from $37,338 to $115,850. At 80 percent of the AMI, there are 15 units with a monthly rent of $1,163 to $2,037 for incomes ranging from $42,823 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 April 11, 2023.

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