Affordable Housing Lottery Opens For 93 Units at Bedford Arms

Affordable Housing Lottery Opens For 93 Units at Bedford Arms
Rending of Bedford Arms (Image via Housing Partnership Development Corporation)

CROWN HEIGHTS— New Yorkers looking for new below-market-rate apartments now have two months to apply for one in Crown Heights.

On Monday, July 15, the affordable housing lottery officially opened for apartments in a new 93-unit building at 1336 Bedford Avenue (between Pacific & Dean Streets). The nine-story building, Bedford Arms, offers one-, two-, and three-bedroom apartments with rents ranging from $590 per month for one-bedroom apartments to $3,060 for three bedrooms.

Built on the site of a formerly vacant lot, the city-subsidized apartment building has 59 one-bedroom apartments, 25 two-bedroom apartments, and nine three-bedroom units available.

For the one-bedrooms, there are six units available at $590 per month; five units renting at $769 per month; 16 units at $1,360 per month; and 32 for $2,160 per month.

Nine of the 25 two-bedroom apartments have $1,642-per-month rents; ten have $2,520-per-month rents; while three a piece go for $718 and $933 per month.

Of the nine three-bedroom units, one costs $821 a month; another rents for a monthly $1,069; three units are $1,888; and four rent for significantly higher at $3,060 per month.

The household incomes for the qualified applicants in the mixed-income building range from roughly $23,000 to $204,270. Specifically, ten apartments will go to households with yearly incomes of between $22,800 and $49,520, or 40% Area Median Income (AMI). Nine units will be available for households earning between $28,938 and $61,900 per year, or 50% AMI.

And households with incomes of between $49,200 and $123,800 (100% AMI) will have 28 apartments available to them, while those who earn between $76,629 and $204,270 per year (165% AMI) can qualify for 46 apartments.

Half of the apartments in 1336 Bedford Avenue— which is a block away from Franklin and Atlantic avenues near the border of Crown Heights and Bed-Stuy—will go to those currently residing within Community Board 8, in accordance with the city’s longstanding community preference policy. A percentage of units will be set aside for applicants with mobility (5%) and vision/hearing (2%) disabilities.

The apartment building—which has oversized windows, bike storage, elevators, a laundry room, exercise room, and parking—is off the A and C trains.

Here’s the link to apply online. Complete information on the building is here.

The application deadline is September 13, 2019.