An affordable housing lottery has opened for 60 apartments at the Bedford Union Armory development for those earning between $14,778 and $88,800.
The first phase of the lottery for the 1089 President St building will see 50% of the apartments reserved for residents in community board 9 and 5% set aside for City employees.
Studio, one-, two- and three-bedroom apartments are available in the lottery for families earning between 30 and 60 percent of the area median income, with monthly rents ranging from $367 to $1,472 depending on income and house size.
Joseph Ferrara of BFC Partners said the apartments in building 2 of the development were just the beginning of providing affordable housing to residents in the neighborhood.
At a time when Central Brooklyn is struggling to recover from the pandemic, these 60 deeply affordable units will provide substantial opportunity to our neighbors, he said.
Residents will have access to in-unit washers and dishwashers, energy efficient appliances, a multipurpose room and bike storage lockers. The apartments will also be next to the new Major Owens Health and Wellness Community Center, set to open in September.
The new apartments were constructed through the Extremely Low & Low-Income Affordability Program of the New York City Housing Development Corporation and New York City Department of Housing Preservation and Development and the Mandatory Inclusionary Housing Program of HPD.
There are no deposits or application fees. For more information or to apply, click here.
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