A new rental development on the east end of Avenue D between 6th and 7th streets has launched an affordable housing lottery for 28 new units. The good news for NYC apartment hunters is that the eligible income range allows for low- and middle-earners, too. Rents for the new building at 79 Ave. D range from $596 for a studio up to $2,519, with 11 units all renting for less than $1,400.
Those 11 apartments are for tenants earning between $22,320 and $33,400 per year, which is 40 percent of the area median income. Another 11 will go to households earning between $35,554 and $72,600, or 60 percent AMI. Meanwhile, six apartments are earmarked for households earning at 130 percent of the AMI, or between $68,790 and $135,590.
To apply online, please go to NYC Housing Connect. To request an application by mail, send a self-addressed envelope to: 751 E. 6th St. Apartments, Triborough Finance New, PO Box 2007, New York, NY 10035.
Applications must be postmarked or submitted online no later than June 26, 2018.
The developer here is L&M, the same group spearheading the massive Essex Crossing project a few blocks to the west in the heart of the Lower East Side.
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