The affordable housing lottery has launched for 2621 Grand Avenue, a four-story residential building in University Heights, The Bronx. Designed by Node Architecture Engineering Consulting and developed by Franc Gjini, the structure yields 34 residences. Available on NYC Housing Connect are 11 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $84,755 to $181,740.
Amenities include a garage with assigned parking spaces, recycling center, package lockers, storage, and an on-site resident manager. Residences come equipped with air conditioning, charging outlets with USB ports, intercoms, and name-brand kitchen appliances, countertops, and finishes. Tenants are responsible for electricity.
At 130 percent of the AMI, there are two studios with a monthly rent of $2,472 for incomes ranging from $84,755 to $161,590; and nine one-bedrooms with a monthly rent of $2,520 for incomes ranging from $86,400 to $181,740.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than June 25, 2024.
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