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Newly constructed affordable apartments available in East Harlem & Richmond Hill

07/24/2012

Each and every month the cost of renting an apartment in the City of New York continues to rise. Many individuals are now paying as much as 40% to 50% of their monthly income for a residence in the Big Apple. The securing of an affordable apartment is a difficult as finding the preverbal "needle in a haystack"; nevertheless, a total of 128 households ranging in size from one to six have an opportunity to win the lottery for a newly constructed apartment in the borough of Manhattan and Queens. Applications must be submitted by August 6th for these apartments located in East Harlem and the Richmond Hill section of Queens.


In East Harlem, just one block off Fifth Avenue is a new residential building located at 45 East 131st street. The building is being constructed with financing provided by the Low Income Rental Program of New York City's Department of Housing Preservation and Development, New York State Home & Community Renewal, New York State Housing Trust Fund and the Federal Home Loan Bank of New York.


A total 36 apartments consisting of 5 studio, 17 one bedroom, 7 two bedroom and 7 three bedroom apartments are available. The monthly rent ranges from $596 for a studio to $1,087 for a three bedroom unit. Minimum Annual Income for a studio range from $22,350 to $27,413 with a maximum annual income in the range of $29,050 to $34,860. Annual income for a one bedroom ranges from $23,888; two bedrooms $29,288 to $49,800; and a three bedroom from $33,300 to $57,780.


Monthly rent for one bedroom units based on annual income range from $637 to $781; two bedrooms from $769 to $942 and three bedrooms from $888 to $1,087.


Households can submit an application online by visiting NYC Housing Connect at www.nyc.gov/housingconnect and select "Apply for Housing". All online applications must be submitted by August 6th, 2012. To request an application by mail, please mail a self addressed envelope to Westwind Apartments, College Station, PO Box 302008, New York, NY 10030. All mailed applications must be postmarked by August 6, 2012.


In the Richmond Hill section of Queens is a newly constructed rental building known as Richmond Place. This building is offering 92 household apartments for individuals and households ranging in size from one to six.


A total of 9 studio, 22 one bedroom, 54 two bedroom and 7 three bedroom apartments are available. The monthly rent ranges from $785 for a studio to $1,175 for a three bedroom. Minimum Annual Income for a studio range from $28,869 to $34,860; one bedroom from $30,926 to $34,860; two bedrooms from $30,720 to $49,800 and three bedrooms from $42,926 to $57,780.


Applicants will be required to meet income guidelines and additional selection criteria. Households may elect to subject an application online or by mail. To submit an application online, please visit NYC Housing Connect at www.nyc.gov.housingconnect and select apply for Housing. All online must be submitted by August 6, 2012. To request an application by mail, please mail self addressed envelope to: Richmond Place, P.O. Box 20229, Floral Park, NY 11002. All mailed applications must be postmarked by August 6th, 2012.


Affordable housing for seniors 55 years of age or older is very limited. Nevertheless, applications are now being accepted for 47 affordable housing apartments now under construction at the Intervale Independent Senior Apartments, located at 1115 Intervale Avenue in the Longwood section of the Bronx. Households of one to two persons, with at least one household member age 55 or older are eligible apply for the lottery selection.


A total of 13 studios for one individual are available for a monthly rent ranging from $474 to $571 per month. The applicant's total annual income can range from $18,206 to $23,240. Thirty four (34) one bedroom apartments are available to households of one to two individuals at monthly rents ranging from $615 to $763 per month. The total annual income range for the one bedroom apartments can range from $23,075 to $39,840.


Qualified applicants will be required to meet income guidelines and additional selection criteria. To request an application, mail a self addressed envelope to: Intevale Independent Senior Apartments c/o: The Wavecrest Management Team, 87-14 1116tj Street, Richmond Hill, 11418, or download from www.intervaleseniors.com. Completed applications must be returned by regular mail and must be postmarked by July 31, 2012.


With regard to all of the apartments listed above, applications will be selected by lottery. A general preference will be given to New York City residents. Current and eligible residents of the local community board in the neighborhood of the new building will receive preference for 50% of the units.


Eligible households that include persons with mobility impairments will receive preference for 5% of the units; eligible persons that include persons with visual and/or hearing impairments will receive preference for 2% of the units; and eligible City of New York Municipal employees will receive a preference for 5% of the units.


There is not broker's fee or application fee

 

07/24/2012 - 08:14

Source

Stoler Report

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