From $465 a month: Housing Lottery offers apartments where the Bronx Hip Hop Museum will be

From $465 a month: Housing Lottery offers apartments where the Bronx Hip Hop Museum will be

NEW YORK — Looking for affordable housing in New York? Would you like this residence where the Universal Museum of Hip Hop will be located?

A new New York real estate lottery in the Bronx is now open to eligible individuals who can apply with no deposit or application fee. The apartments or studios they offer are priced as low as $465.

Bronx Point Phase I is a new 432-unit rent-stabilized residential project located at 575 outer streetin the Mott Haven section.

Project facilities include a 24-hour lobby, outdoor patio, fitness center, community room, bike storage, children’s playroom, on-site laundry, educational facilities and community, including the Universal Hip-Hop Museum (UHHM).

Services are available to all residents of the building, but tenants are responsible for electricity, including the stove.

This building is being constructed as part of the Extremely Low Income Accessibility (ELLA) program of the New York City Housing Development Corporation (HDC) and the New York City Department of Housing Preservation and Development York (HPD) and HPD’s Mandatory Inclusionary Housing (MIH) program. .

Units available and requirements

AMI (median income of the area)Housing type# of unitscost of rentHousehold size and household income
30%Study17 units$465– 1 person: $18,515 – $28,020
– 2 people: $18,515 – $32,040
30%Room32 units$591– 1 person: $23,178 – $28,020
– 2 people: $23,178 – $28,020
-3 people: $23,178 – $36,030
30%Two pieces16 units$700– 2 people: $27,772 – $32,040
– 3 people: $27,772 – $36,030
-4 people: $27,772 – $40,020
– 5 people: $27,772 – $43,230
30%Three rooms16 units$800– 3 people: $32,092 – $36,030
– 4 people: $32,092 – $40,020
-5 people: $32,092 – $43,230
– 6 people: $32,092 – $46,440
– 7 people: $32,092 – $49,650
50%Study21 units$866– 1 person: $32,263 – $46,700
– 2 people: $32,263 – $53,400
50%Room43 units$1,092– 1 person: $40,355 – $46,700
– 2 people: $40,355 – $53,400
-3 people: $40,355 – $60,050
50%Two pieces22 units$1,301– 2 people: $48,378 – $53,400
– 3 people: $48,378 – $60,050
-4 people: $48,378 – $66,700
– 5 people: $48,378 – $72,050
50%Three rooms22 units$1,494– 3 people: $55,886 – $60,050
– 4 people: $55,886 – $66,700
-5 people: $55,886 – $72,050
– 6 people: $55,886 – $77,400
– 7 people: $55,886 – $82,750
80%Study46 units$1,466– 1 person: $52,835 – $74,720
– 2 people: $52,835 – $85,440
80%Two pieces33 units$2,201– 2 people: $79,235 – $85,440
– 3 people: $79,235 – $96,080
-4 people: $79,235 – $106,720
– 5 people: $79,235 – $115,280
80%Room50 units$1,842– 1 person: $66,069 – $74,720
– 2 people: $66,069 – $85,440
-3 people: $66,069 – $96,080
80%Three rooms33 units$2,534– 3 characters: $91,543 – $96,080
– 4 people: $91,543 – $106,720
-5 people: $91,543 – $115,280
– 6 people: $91,543 – $123,840
– 7 people: $91,543 – $132,400
120%Room25 units$2,166– 1 person: $77,178 – $112,080
– 2 people: $77,178 – $128,160
-3 people: $77,178 – $144,120
120%Two pieces36 units$2,892– 2 people: $102,926 – $128,160
– 3 characters: $102,926 – $144,120
-4 people: $102,926 – $160,080
– 5 people: $102,926 – $172,920
120%Three rooms20 units$3,332– 3 people: $118,903 – $144,120
– 4 people: $118,903 – $160,080
-5 people: $118,903 – $172,920
– 6 people: $118,903 – $185,760
– 7 people: $118,903 – $198,600

Who can register for the lottery?

  • Individuals or households who meet the income and household size requirements listed in the Available Units table above are eligible to apply.
  • Qualified applicants will be required to meet additional selection criteria.
  • Applicants who live in New York City receive an overall preference for apartments.

How do I complete the application for this lottery?

  • You can enter online here.

oh

  • To request an application by mail, send a self-addressed envelope to:

Bronx Point Phase I / Underground; PO Box 609001
Brooklyn, New York 11206

Where can I find more information?

For more information on this lottery and to see photos of the place, go here.

For more details about the project, you can visit this website.

Ashley Johnson
Meet Ashley Johnson, the lead reporter for Globe Live Media, specializing in entertainment, lifestyle, and music. As a fitness enthusiast and a profound yoga student, she shares her passion for a healthy lifestyle, which stems from growing up in Beverly Hills, where she frequently interacts with renowned artists.You can count on Ashley's reports to be authentic, high-quality, and informative when it comes to lifestyle, health, and music. Ashley is also a part-time gamer and will provide coverage for the gaming section of Globe Live Media seldomly.With Ashley's diverse background and experience, her writing style is engaging, informative, and captivating. Get ready to immerse yourself in her world of entertainment, lifestyle and music!Queries: ashley.ethp@gmail.com