Housing Lottery Launches for 1182 Woodycrest Avenue in Highbridge, The Bronx

 

The affordable housing lottery has launched for 1182 Woodycrest Avenue, a nine-story mixed-use building in Highbridge, The Bronx. Designed by Crown Architecture and Consulting and developed by Bluestone Organization, the structure yields 45 residences. Available on NYC Housing Connect are 36 units for residents at 50 to 90 percent of the area median income (AMI), ranging in eligible income from $42,172 to $173,340.

Residents will have access to a shared laundry room, bike storage lockers, electric vehicle charging stations, community center, senior center, and an outdoor terrace. Tenants are responsible for electricity.

At 50 percent of the AMI, there is one one-bedroom with a monthly rent of $1,133 for incomes ranging from $42,172 to $69,900. For the one-bedroom unit with the income limit of 50 percent AMI, eligible households must have at least one household member who is 62 years of age or older at the time of the application, and must meet the income and household size requirements.

At 60 percent of the AMI, there are seven one-bedrooms with a monthly rent of $1,383 for incomes ranging from $50,743 to $83,880; six two-bedrooms with a monthly rent of $1,660 for incomes ranging from $61,303 to $100,620; and five three-bedrooms with a monthly rent of $1,916 for incomes ranging from $71,143 to $115,560.

At 80 percent of the AMI, there are six one-bedrooms with a monthly rent of $1,708 for incomes ranging from $61,886 to $111,840; one two-bedroom with a monthly rent of $2,051 for incomes ranging from $74,709 to $134,160; and two three-bedrooms with a monthly rent of $2,367 for incomes ranging from $86,606 to $154,080.

At 90 percent of the AMI, there are five one-bedrooms with a monthly rent of $1,883 for incomes ranging from $67,886 to $125,820; two two-bedrooms with a monthly rent of $2,261 for incomes ranging from $81,909 to $150,930; and one three-bedroom with a monthly rent of $2,610 for incomes ranging from $94,938 to $173,340.

Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than January 7, 2024.