Affordable Housing Lottery Launches for Midwood Building
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Affordable Housing Lottery Launches for Midwood Building
"The new development at 2892 Nostrand Avenue includes 20 one- and two-bedroom apartments in an affordable housing lottery, with 16 units truly affordable for families earning 40 to 60 percent of AMI."
"Rent for the truly affordable units ranges from $1,019 for one-bedroom apartments to $4,484 for a two-bedroom unit, catering to various income levels."
"The building features a light beige brick facade, tall narrow windows, and amenities such as a gym, community center, rooftop terraces, and a dog washing station."
A new nine-story development on Nostrand Avenue in Midwood features 74 apartments, including 20 available through an affordable housing lottery. The lottery offers one- and two-bedroom units, with 16 designated as truly affordable for families earning 40 to 60 percent of the Area Median Income. Rent prices range from $1,019 to $4,484. The building includes amenities such as a gym, community center, and outdoor terraces. Tenants are responsible for electricity, while hot water is included in the rent, and pet policies allow for one pet per household.
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