Melrose: Affordable Housing Lottery Launches for Units at 724 Elton Avenue
NYC Department of Housing Preservation & Development (HPD) have launched an affordable housing lottery for units at 724 Elton Avenue, a 4-story residential building in the Melrose section of The Bronx, as reported by YIMBY. Built in 1931 for industrial use, the structure was altered in 2017 for residential use, according to YIMBY. Available on NYC Housing Connect, HPD’s online portal, are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $65,143 to $187,330. Residential units come with energy-efficient appliances, air conditioning, smart controls for heating and cooling, and name-brand
