Wednesday, November 13, 2024

Housing Lottery Launches for Wakefield Grace Senior Housing at 4750 White Plains Road in Wakefield, The Bronx

The affordable housing lottery has launched for Wakefield Grace Senior Housing, a six-story mixed-used building at 4750 White Plains Road in Wakefield, The Bronx. Designed by Marin Architects, the structure yields 73 residences. Available on NYC Housing Connect are 50 units for residents at 50 to 60 percent of the area median income (AMI), ranging in eligible income from $0 to $83,880. 

Amenities include free Wi-Fi, elevator, computer room, fitness room, community room, a shared laundry room, and a rooftop deck. Residences are available for individuals or households that have at least one member who is 62 years of age or older at the time of application and meet the income and household size requirements. Eligible applicants must qualify for Section 8 and will pay 30 percent of their household income in rent. Rent includes all utilities. 

At 50 percent of the AMI, there are eight studios with a monthly rent of $0 for incomes ranging from $0 to $62,150. 

At 60 percent of the AMI, there are 41 studios with a monthly rent of $0 for incomes ranging from $0 to $74,580, and one one-bedroom with a monthly rent of $0 for incomes ranging from $0 to $83,880. 

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 13, 2024. 

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