The affordable housing lottery has launched for 2951 Wallace Avenue, a six-story residential building in Allerton, The Bronx. Designed by Angelo Ng & Anthony Ng Architects and developed by Long Lin, the structure yields 36 residences. Available on NYC Housing Connect are eight units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $81,326 to $140,000.
Amenities include assigned parking spaces, elevator, and outdoor areas. Residences have air conditioning and hardwood floors. Tenants are responsible for electricity, including stove, heat, and hot water.
At 80 percent of the AMI, there are four one-bedrooms with a monthly rent of $2,092 for incomes ranging from $81,326 to $116,640, and four two-bedrooms with a monthly rent of $2,419 for incomes ranging from $97,852 to $140,000.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than April 28, 2026.
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