An affordable housing lottery launches for 43 apartments in the Bronx
Applications are open for 43 newly constructed apartments at 2 Mount Hope Pl. through the affordable housing lottery. Rents start at $545 a month for a one bedroom. Eligible applicants for this specific lottery must earn from $21,738 to $215,150, depending on the size of the household.
There are 12 one-bedroom apartments available for renters with incomes of $35,760 to $72,060 depending on the number of people in the household. The rent for these apartments is $945.
The stabilized apartments are studios, one, two, and three bedrooms set aside for people earning 40 percent to 130 percent of the area median income (AMI). This varies depending on how many people you live with. Currently the AMI for New York City is $106,800 for a two-person household.
The nearest subway is 176 Street for the 4 train or the 174-175 Street station, where you can catch the B and D trains.
There is a shared laundry room in the building and covered parking. These amenities are subject to additional fees. There's also a doorman and a security guard. Tenants are responsible for electricity.
The developers have set aside 50 percent of the affordable apartments for those who live in the community. There is also a 5 percent preference for NYC employees. A small percentage of apartments will be allocated to applicants with mobility, vision, and hearing needs.
Applications must be submitted online or postmarked no later than October 31st.
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 one of these rent-stabilized apartments can be life changing: Rent increases are capped and lease renewals are automatic, providing long-term affordability 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.