The affordable housing lottery has launched for 714 East 217th Street, a four-story residential building in Williamsbridge, The Bronx. Designed by Baobab Architects and developed by Shaya Seidenfield, the structure yields 17 residences. Available on NYC Housing Connect are 16 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,000 to $167,570.
Residences come with air conditioning, energy-efficient appliances, smart controls for heating and cooling, intercoms, and name-brand kitchen appliances, countertops, and finishes. Tenants are responsible for electricity.
At 130 percent of the AMI, there are 15 studios with a monthly rent of $2,924 for incomes ranging from $100,252 to $146,900; and one one-bedroom with a monthly rent of $3,126 for incomes ranging from $107,178 to $165,230.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than August 22, 2024.
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