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Bedford Park: Housing Lottery Launches for Units at 186 East 205th Street

186 East 205th Street in Bedford Park, The Bronx
Image courtesy of Google Maps

An affordable housing lottery has launched for units at 186 East 205th Street, an eight-story residential building in the Bedford Park section of the Bronx, as reported by YIMBY.

 

Designed by Badaly Architects, and developed by Franco Sukai, the 42,524-square-foot structure yields 62 residential units. Available on NYC Housing Connect, NYC Department of Housing Preservation and Development’s housing portal, are 19 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $41,143 to $167,570.

 

This chart helps residents understand the AMI income categories used by New York City Department of Housing Preservation & Development to determine eligibility for affordable housing, which vary by household size.
Source: New York City Department of Housing Preservation & Development

Residents will have access to a shared laundry room and outdoor green spaces. Units include name-brand appliances and finishes, air conditioning, energy-efficient appliances, and hardwood floors.

 

At 130 percent of the AMI, there are five studios with a monthly rental payment of $1,200 for incomes ranging from $41,143 to $124,150, nine one-bedroom units with a monthly rental payment of $1,600 for incomes ranging from $54,858 to $139,620, and five two-bedroom units with a monthly rental payment of $1,950 for incomes ranging from $66,858 to $167,570.

 

186 East 205th Street in Bedford Park, The Bronx.
Photo courtesy of NYC Housing Connect

Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than Oct. 20, 2021.

 

Tenants are responsible for electricity, with an electric stove. The landlord will pay heat and hot water. To request a paper application by mail, send a self-addressed envelope to 186 205th Street Apartments, C/O MGNY Consulting, 18 Bridge St, Suite 2D, Brooklyn, NY 11201.

 

186 East 205th Street in Bedford Park, Bronx.
Photo courtesy of NYC Housing Connect

The building is anticipated to receive a tax exemption through the 421a tax incentive program of the New York City Department of Housing Preservation and Development.

 

There are no deposits or application fees. More information can be found on NYC Housing Connect

 

Editor’s Note: Norwood News does not process any applications. All inquiries should be sent to NYC Housing Connect

 

 

Welcome to the Norwood News, a bi-weekly community newspaper that primarily serves the northwest Bronx communities of Norwood, Bedford Park, Fordham and University Heights. Through our Breaking Bronx blog, we focus on news and information for those neighborhoods, but aim to cover as much Bronx-related news as possible. Founded in 1988 by Mosholu Preservation Corporation, a not-for-profit affiliate of Montefiore Medical Center, the Norwood News began as a monthly and grew to a bi-weekly in 1994. In September 2003 the paper expanded to cover University Heights and now covers all the neighborhoods of Community District 7. The Norwood News exists to foster communication among citizens and organizations and to be a tool for neighborhood development efforts. The Norwood News runs the Bronx Youth Journalism Heard, a journalism training program for Bronx high school students. As you navigate this website, please let us know if you discover any glitches or if you have any suggestions. We’d love to hear from you. You can send e-mails to norwoodnews@norwoodnews.org or call us anytime (718) 324-4998.

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