Affordable Housing Lottery Launches for Twin Parks Terrace in the Bronx
Twin Parks Terrace, located in the Fordham Heights neighborhood of Bronx Community Board 5, will provide 181 new units of light-filled affordable housing to low- and moderate-income residents. This includes 46 homes set aside for families referred by HPD who are leaving shelters, who will have on-site access to our Resident Engagement team to support their transition to permanent housing. The energy efficient building will include 11,000 sq. ft. of retail space for the surrounding community and provide residents with access to a variety of amenities, including recreation rooms, laundry facilities, and a bike storage area. Adding to this are kid-friendly spaces including a playground and a children’s playroom. Rent includes gas for cooking and heating. Tenant is responsible for electricity.
Affordable Housing Program
This building is constructed through the Extremely Low & Low- Income (ELLA) Program of the New York City Housing Development Corporation (HDC) and the New York City Department of Housing Preservation and Development (HPD).
No deposits/application fees. More information: https://www.settlementhousingfund.org/twin-parks-terrace/
Eligible Income: $22,012 – $132,400
Household Size: 1 – 7
A percentage of units are set aside for:
Preference for a percentage of units goes to:
25% NYCHA Resident
50% Community Board Resident
5% NYC Employee
Click on this link to apply https://housingconnect.nyc.gov/PublicWeb/details/3427
Lottery ends in 51 days – Apr 11, 2023
Source: NYC.gov/housing connect