Friday, July 7, 2023

Housing Lottery Launches For St. Francis Commons In Morris Heights, The Bronx

 


The affordable housing lottery has launched for St. Francis Commons, a seven-story mixed-use building at 1544 Shakespeare Avenue in Morris Heights, The Bronx. Designed by SLCE Architects and developed by Highbridge Community Development Corporation, the structure yields 110 residences. Available on NYC Housing Connect are 85 units for residents at 30 to 70 percent of the area median income (AMI), ranging in eligible income from $21,155 to $122,570.



Amenities include broadband internet, elevator, on-site card-operated laundry room, and 24-hour security cameras with video monitoring. Units are equipped with large windows, air conditioning, white quartz countertops, white appliances, white subway tile backsplashes, and dark cabinetry and flooring.

At 30 percent of the AMI, there are seven one-bedrooms with a monthly rent of $532 for incomes ranging from $21,155 to $38,130; four two-bedrooms with a monthly rent of $631 for incomes ranging from $25,406 to $45,750; and one three-bedroom with a monthly rent of $722 for incomes ranging from $29,418 to $52,530.

At 50 percent of the AMI, there are 13 one-bedrooms with a monthly rent of $1,092 for incomes ranging from $40,355 to $63,550; ten two-bedrooms with a monthly rent of $1,301 for incomes ranging from $48,378 to $76,250; and one three-bedroom with a monthly rent of $1,494 for incomes ranging from $55,886 to $87,550.

At 70 percent of the AMI, there are 25 one-bedrooms with a monthly rent of $1,592 for incomes ranging from $57,498 to $88,970; 20 two-bedrooms with a monthly rent of $1,901 for incomes ranging from $68,949 to $106,750; and four three-bedrooms with a monthly rent of $2,188 for incomes ranging from $79,680 to $122,570.

Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than September 6, 2023.

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