The affordable housing lottery has launched for 1148 Washington Avenue, a four-story residential building in Morrisania, The Bronx. Designed by Asher Hershkowitz Architect and developed by Jacob Jacobs under Dean Street Realty LLC, the structure yields nine residences. Available on NYC Housing Connect are eight units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $105,223 to $181,740.
Each unit offers name-brand and energy-efficient kitchen appliances, air conditioning, and hardware floors. Tenants are responsible for electricity, which includes electric stove, hot water, and heat.
At 130 percent of the AMI, there is one studio with a monthly rent of $2,100 for incomes ranging from $72,000 to $124,150; 25 one-bedrooms with a monthly rent of $2,221 for incomes ranging from $76,149 to $139,620; and 34 two-bedrooms with a monthly rent of $2,705 for incomes ranging from $92,743 to $167,570.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than May 20, 2024.
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