Affordable Housing Lottery Has $48K Three-Bedrooms
Briefly

Affordable Housing Lottery Has $48K Three-Bedrooms
"The wait list spans studios to three-bedroom units in a coveted Brutalist-style Mitchell-Lama complex in Crown Heights. In an affordable housing lottery to get on a wait list for a coveted Mitchell-Lama complex in Crown Heights, three-bedroom units are priced at less than $50,000 while some studios can be had for less than $20,000. Included in the lottery for the wait list at Crown Gardens at 1185 Carroll Street are studio, one-, two-, and three-bedroom apartments ranging from $19,222 to $48,030."
"The studio and one-bedroom units are for households of one to three people. Studios are selling for between $19,222 and $23,339 with household income limits of $31,760 to $182,250. Monthly maintenance for the units is $794 to $924. One-bedrooms are listed between $26,080 and $32,938 with income limits between $38,880 and $182,250 and monthly maintenance from $972 to $1,186. Two-bedroom apartments are for households of two to four people earning between $48,120 and $202,500."
Crown Gardens at 1185 Carroll Street offers a waiting list via an affordable housing lottery for studio, one-, two-, and three-bedroom Mitchell-Lama apartments in Crown Heights. Prices on the waiting list range from $19,222 for studios to $48,030 for three-bedroom units. The number of units available for the wait list is unspecified, but the lottery will draw 300 applications for studio, one-, and two-bedroom units and 200 applications for three-bedroom units to form a waiting list. Income and household-size limits vary by unit type, and monthly maintenance fees range from $794 to $1,614. Eligibility requires applicants be at least 18, not current shareholders, apply only once, and be on only one waiting list at the complex; selected applicants pay a $75 application fee.
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