Housing Lottery Launches For Twin Parks Terrace In Fordham Heights, The Bronx

 

The affordable housing lottery has launched for Twin Parks Terrace, a 14-story mixed-use building at 373 East 183rd Street in Fordham Heights, The Bronx. Designed by Danois Architects and developed by NYC Housing Authority, the structure yields 181 residences and 11,000 square feet of retail space. Available on NYC Housing Connect are 135 units for residents at 40 to 80 percent of the area median income (AMI), ranging in eligible income from $22,012 to $132,400.

Twin Parks Terrace in Fordham Heights, The Bronx via NYC Housing Connect

Twin Parks Terrace in Fordham Heights, The Bronx via NYC Housing Connect

Twin Parks Terrace in Fordham Heights, The Bronx via NYC Housing Connect

Twin Parks Terrace in Fordham Heights, The Bronx via NYC Housing Connect

Amenities include recreation rooms, laundry facilities, recycling center, playground, children’s playroom, a bike storage area, and an on-site resident manager. Tenants are responsible for electricity.

At 40 percent of the AMI, there are 20 units with a monthly rent ranging from $567 to $978 for incomes ranging from $22,012 to $66,200. At 50 percent of the AMI, there are 28 units with a monthly rent ranging from $738 to $1,274 for incomes ranging from $27,875 to $82,750. At 70 percent of the AMI, there are 44 units with a monthly rent ranging from $1,080 to $1,865 for incomes ranging from $39,600 to $115,850. At 80 percent of the AMI, there are 43 units with a monthly rent ranging from $1,250 to $2,161 for incomes ranging from $45,429 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.