Alert! Affordable Apartment Lottery in Brooklyn

As DNA Info reports, there is a housing lottery for affordable apartments in the DUMBO neighborhood of Brooklyn for low-income residents. Just how affordable, you ask?

Studio apartments are as low as $539, and two-bedrooms for less than $900. I sadly but genuinely CANNOT IMAGINE.

The project at 60 Water St., which is currently under construction near Dock Street, set aside 58 low-income units for residents making up to $23,520 for a studio and $41,950 for a two-bedroom.

Applicants will be entered into a lottery, with preference given to New York City residents.

Apartments would be available in 2015, and applications are here — due postmarked by April 7th!

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4 Comments / Post A Comment

beet hummus (#946)

DO WANT. Can’t have.

aetataureate (#1,310)

Holy crap.

Lindy (#4,428)

I live in an apartment much like the ones on offer here. (1 bedroom, midtown, current rent is $811/month.) I got it through an affordable housing lottery almost a decade ago. It took some work – and some patience, and some paperwork skills, and some luck – but it is TOTALLY WORTH IT.

I could go on and on about this (and I will given the slightest chance), but instead will refer you to this excellent primer put together by The Actors’ Fund.
http://www.actorsfund.org/others/pdfs/NY/affordablehousingpacket_13thed.pdf

Even better: move to Albany, where that’s a standard rent.

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