Photo courtesy of NYC Housing Connect
NYC Department of Housing Preservation & Development (HPD) has launched a housing lottery described as affordable for housing units at 727 East 215th Street, a 4-story, residential building located in the Williamsbridge section of The Bronx, as reported by YIMBY.
Designed by Boaz M. Golani Architect and developed by Israel Frankel of Silverlight Management, the structure yields 15 residential units. Available on NYC Housing Connect are three units for residents earning 80 percent of the area median income (AMI), ranging in eligible income from $81,635 to $116,640.
Residential units feature air conditioning, hardwood floors, and name-brand kitchen appliances, countertops, and finishes. Tenants are responsible for electricity, including stove and heat.
At 80 percent of the AMI, there are three one-bedroom units available on NYC Housing Connect, with a monthly rent of $2,173 for those earning incomes ranging from $81,635 to $116,640.
Prospective renters must meet income and household size requirements to apply and applications must be postmarked or submitted online no later than Feb. 4.
HPD officials say affordable housing is based on a household’s percentage of Area Median Income (AMI), which is set by the federal government on a yearly basis. Housing is considered affordable if it costs about one-third or less of household income, and is regulated so the rent can’t go up dramatically over time.
They said in order to be eligible for affordable housing, residents must be 18 years old, and their household income needs to be in a specific range for each affordable housing opportunity. Applicants are required to meet additional guidelines, including asset limits, and tenant selection criteria to qualify.
The AMI for all cities across the country is defined each year by the U.S. Department of Housing and Urban Development (HUD). The 2025 AMI for the New York City region is $145,800 for a three-person family (100% AMI). We have previously asked HUD to provide the AMI for the New York City region for a single person and have not received a clear response. We’re following up with HUD and will share any further feedback we receive. For more background on this, click here.
Source: NYU Furman Center
Various graphs which show Bronx demographics are attached, courtesy of New York City University (NYU)’s Furman Center.
According to the center, between 2019-2023, the largest share of studios had gross rents of between $1,000 and $1,500 (32%), the largest share of one-bedroom units had rents between $1,000 and $1,500 (33%), the largest share of two-bedroom units had rents between $1,500 and $2,000 (29%), the largest share of three bedroom units had rents between $1,500 and $2,000 (21%).
Source: NYU Furman Center
Affordable Housing Lottery Helpline: 212-863-7990
Email: nychousingconnect@hpd.nyc.gov
For information on applying for affordable housing for people with disabilities, please submit accessibility inquiries to:
Phone: 212-863-6486
Email: accessibility@hpd.nyc.gov
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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.