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Mount Hope: Housing Lottery Launches for Units at 2 Mount Hope Place

2 MT. HOPE PLACE in Morris Heights, The Bronx
Image courtesy of NYC Housing Connect

New York City of Housing Preservation & Development (HPD) has launched an affordable housing lottery for units at 2 Mount Hope Place, an 11-story mixed-use new development at 1840 Jerome Avenue in the Mt. Hope section of The Bronx, as reported by as reported by YIMBY.

 

Designed by Gerald Caliendo Architects, and developed by Sam Kafif, the structure yields 430 residential units, according to YIMBY. Available on NYC Housing Connect, HPD’s online application tool, are 43 units for residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $21,738 to $215,150.

2 MT. HOPE PLACE in Morris Heights, The Bronx
Image courtesy of NYC Housing Connect

According to NYC Housing Connect, amenities include covered parking, a shared laundry room, a recreation room, a security guard and cameras, and a doorman.

 

Tenants are responsible for electricity. Units come equipped with air conditioning, intercom, and name-brand kitchen appliances, countertops, and finishes, according to NYC Housing Connect.

2 MT. HOPE PLACE in Morris Heights, The Bronx
Image courtesy of NYC Housing Connect

At 40 percent of the AMI, there are eight studios with a monthly rent of $548, for incomes ranging from $21,738 to $42,720 and nine one-bedroom units with a monthly rent of $545, for incomes ranging from $22,046 to $48,040.

 

At 60 percent of the AMI, there are 12 one-bedroom units with a monthly rent of $945, for incomes ranging from $35,760 to $72,060, and five two-bedroom units with a monthly rent of $1,148, for incomes ranging from $43,818 to $86,460.

2 MT. HOPE PLACE in Morris Heights, The Bronx
Image courtesy of NYC Housing Connect

At 90 percent of the AMI, there are four two-bedroom units with a monthly rent of $1,869 for incomes ranging from $68,538 to $129,690, and two three-bedroom units with a monthly rent of $2,151, for incomes ranging from $79,303 to $148,950.

 

At 130 percent of the AMI, there is one studio with a monthly rent of $1,700, for incomes ranging from $58,286 to $138,840; one two-bedroom unit with a monthly rent of $1,975, for incomes ranging from $67,715 to $187,330; and one three-bedroom unit with a monthly rent of $2,500, for incomes ranging from $85,715 to $215,150.

2 MT. HOPE PLACE in Morris Heights, 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 October 31, 2022.

 

THIS CHART PROVIDED by New York City Department of Housing Preservation & Development (HPD) is designed to help residents understand the AMI income categories used by the department to determine eligibility for affordable housing, which varies by household size.
Source: HPD

Editor’s Note: Norwood News does not accept, process or refer any applications. For all inquiries, please liaise with NYC Department of Housing Preservation and Development as follows:

NYC Housing Connect
Affordable Housing Lottery Helpline
: 212-863-7990

Emailnychousingconnect@hpd.nyc.gov

For information on applying for affordable housing for people with disabilities, please submit accessibility inquiries to:
Phone: 212-863-6486
Emailaccessibility@hpd.nyc.gov

HPD Housing Ambassadors
Email: ambassadors@hpd.nyc.gov

 

 

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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