Affordable Housing

Senior housing lottery launches for 50 rent-stabilized apartments in Wakefield

  • Households that earn up to $83,880, qualify for Section 8, and include at least one senior are eligible to apply
  • Tenants pay up to 30 percent of their income in rent at the Bronx development near the last stop on the 2 train
Celia Young Headshot
By Celia Young  |
November 19, 2024 - 12:30PM
A rendering of the six-story building at the corner of White Plains Road and Penfield Street. 

A rendering of the six-story building at the corner of White Plains Road and Penfield Street. 

Rendering courtesy Marin Architects

Housing lottery applications are open for 50 rent-stabilized apartments at a new development in the Wakefield neighborhood of the Bronx. Households who qualify for Section 8, earn up to $83,880, and include at least one senior are eligible to apply, depending on the size of the household. Tenants will pay up to 30 percent of their income on rent.

The building at 4750 White Plains Rd. has a shared laundry room, gym, community center, roof terrace, and an elevator. It’s located near the Wakefield—241st Street subway station, the northernmost stop on the 2 train.

A rendering of the rooftop outdoor space at 4750 White Plains Road.
Caption

A rendering of the rooftop outdoor space at 4750 White Plains Road.

Credit

Rendering courtesy Marin Architects

Designed by Marin Architects, the six-story building holds 73 apartments total, according to Marin. It replaced the Wakefield Grace United Methodist Church, which supported the affordable housing project when it was proposed in 2020, the Bronx Times reported. 

The apartments are reserved for New Yorkers who either live with someone or are themselves at least 62 years old. Eligible households can make up to 50 to 60 percent of the area median income (AMI)—a metric that depends on how many people you live with. Currently the AMI for New York City is $124,300 for a two-person household. The units available include studios and one-bedrooms.

All applicants need to qualify for the housing voucher program Section 8 to be eligible for an apartment, and will pay up to 30 percent of their income to cover the rent (including utilities). There are 41 studio apartments available for households earning up to $74,580.

The developers have set aside 5 percent of the apartments for applicants with mobility issues, while another two percent of the units are reserved for residents with vision or hearing needs. 

A rendering of the outdoor space on the corner of the 73-unit building in Wakefield. 
Caption

A rendering of the outdoor space on the corner of the 73-unit building in Wakefield. 

Credit

Rendering courtesy Marin Architects

Applications must be submitted online or postmarked no later than Jan. 13th.

If you’re interested and think you might qualify for one of these apartments, you can create a profile and apply online via NYC Housing Connect. For details on this particular lottery, click here. Don’t apply more than once, or you could be disqualified.

Winning a rent-stabilized apartment can be life changing: Rent increases are capped and lease renewals are automatic, providing long-term stability for NYC renters. Need more information on how the housing lottery works? Check out “6 steps for applying to NYC's affordable housing lottery.”

For some advice from successful applicants read “How to land a rental apartment through NYC's affordable housing lottery.” And if you or someone you know is having trouble with the application process, consider reaching out to a housing ambassador in the community.

Note: Brick Underground is in no way affiliated with New York City’s Department of Housing Preservation and Development or the Housing Development Corporation. If you are interested in applying to these or other affordable housing developments, please go to NYC Housing Connect for information and instructions.

Have you successfully won an apartment through the affordable housing lottery? If you have first-person advice to share about the process, we’d love to hear from you. Please send us an email. We respect all requests for anonymity.

Celia Young Headshot

Celia Young

Senior Writer

Celia Young is a senior writer at Brick Underground where she covers New York City residential real estate. She graduated from Brandeis University and previously covered local business at the Milwaukee Business Journal, entertainment at Madison Magazine, and commercial real estate at Commercial Observer. She currently resides in Brooklyn.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.

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