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Housing Lottery Launches for Units at 1728 Townsend Avenue in Mount Hope, Deadline July 2

1728 Townsend Avenue in Mount Hope, The Bronx.
Image courtesy of NYC Housing Connect

An affordable housing lottery has launched for units at 1728 Townsend Avenue in the Mount Hope section of The Bronx. The six-story residential building was designed by Badaly Architects and yields 22 units, as reported by YIMBY.

 

Available on NYC Housing Connect are seven units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $48,000 to $139,620.

Residences at 1728 Townsend Avenue in Mount Hope, The Bronx.
Image courtesy of NYC Housing Connect

Units will have smart controls for heating/cooling and name-brand appliances and finishes. Amenities include a garage, bike storage lockers, package lockers, a shared laundry room, and security cameras.

 

At 130 percent of the AMI, there are three studios with a monthly rent of $1,400, for incomes ranging from $48,000 to $124,150, and four one-bedroom apartments with a monthly rent of $1,600 for incomes ranging from $54,858 to $139,620.

 

Residences at 1728 Townsend Avenue in Mount Hope, The Bronx.
Image courtesy of NYC Housing Connect

Prospective renters must meet income and household size requirements to apply for these apartments, and applications must be postmarked or submitted online no later than July 2, 2021.

 

Tenants are responsible for electricity, including electric stove, heat and hot water. To request an application by mail, send a self-addressed envelope to MGNY Consulting, c/o 1728 Townsend Avenue Apartments, 18 Bridge St, Suite 2D, Brooklyn, NY 11201. Do not apply online and by mail. Choose one option only.

Residences at 1728 Townsend Avenue in Mount Hope, The Bronx.
Image courtesy of NYC Housing Connect

This 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 (HPD).

 

No deposits/application fees. More information: https://housingconnect.nyc.gov/PublicWeb/

 

Editor’s Note: Norwood News is not coordinating applications. Please liaise directly with NYC Housing Connect for further information.

 

 

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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