Housing lottery launches for 25 rent-stabilized apartments in Mount Hope
- Households that earn $21,566 to $159,315 are eligible to apply, and rents start at $544 for a studio
- The building has a gym, shared laundry room, elevator, bike storage lockers, and terrace
A rendering of the nine-story building at the corner of Bush Street and Grand Concourse.
Housing lottery applications are open for 25 rent-stabilized apartments at a new development in the Mount Hope neighborhood of the Bronx. Households that earn $21,566 to $159,315 are eligible to apply, depending on the number of people you live with. Rents start at $544 for a studio.
The building at 2017 Grand Concourse has a gym, shared laundry room, elevator, bike storage lockers, and terrace, though additional fees apply for the laundry room. It’s located just north of the Tremont Avenue subway station, serving the B and D lines.
Developed by Bronx Pro Group, the nine-story building will hold 34 apartments total, with a quarter of the units set aside for formerly homeless seniors. It replaced a city-owned, three-story residential building that fell into disrepair, according to city records. The City Planning Commission approved a plan to allow a developer to build new housing on the site in 2022.
The apartments are set aside for New Yorkers earning from 30 to 95 percent of the area median income (AMI)—a metric that depends on how many people you live with. Currently the AMI for New York City is $124,300 for a two-person household. The units available include studios as well as one- and two-bedroom apartments.
There are five one-bedroom apartments available for households earning from $46,903 to $69,900. The rent for these units is $1,271.
A small percentage of the apartments are also set aside for residents with vision, and hearing needs.
Applications must be submitted online or postmarked no later than March 14th.
If you’re interested and think you might qualify for one of these apartments, you can create a profile and apply online via NYC Housing Connect. For details on this particular lottery, click here. Don’t apply more than once, or you could be disqualified.
Winning a rent-stabilized apartment can be life changing: Rent increases are capped and lease renewals are automatic, providing long-term stability for NYC renters. Need more information on how the housing lottery works? Check out “6 steps for applying to NYC's affordable housing lottery.”
For some advice from successful applicants read “How to land a rental apartment through NYC's affordable housing lottery.” And if you or someone you know is having trouble with the application process, consider reaching out to a housing ambassador in the community.
Note: Brick Underground is in no way affiliated with New York City’s Department of Housing Preservation and Development or the Housing Development Corporation. If you are interested in applying to these or other affordable housing developments, please go to NYC Housing Connect for information and instructions.
Have you successfully won an apartment through the affordable housing lottery? If you have first-person advice to share about the process, we’d love to hear from you. Please send us an email. We respect all requests for anonymity.
