"An affordable housing lottery has launched for an almost fully affordable nine-story development on Bushwick's Dekalb Avenue, not far from Maria Hernandez Park and Wyckoff Heights Medical Center. Studio apartments start at $788 a month and three-bedrooms at $1,346. The lottery for the development under construction at 1601 Dekalb Avenue includes 80 units, all rent stabilized and income restricted, targeted at households of one to seven people earning between $30,823 and $241,080 a year, or between 40 and 120 percent of Area Median Income, according to the listing."
"In the truly affordable category are 14 studio apartments set at $788 and $1,760 a month, eight one-bedroom units renting for $996 and $2,211 a month, four two-bedroom apartments priced at $1,178 and $2,636 a month, and eight three-bedroom apartments for $1,346 and $3,031 per month. At 120 percent of AMI, there are 46 units including studios at $2,319, one-bedrooms at $2,910, two-bedrooms at $3,475, and three-bedrooms at $4,000 a month."
"The nine-story building has a total of 126 apartments. The 45 not included in the lottery are set aside as supportive units for formerly homeless New Yorkers and there will be on-site support services for those residents, according to part of the development team, Riseboro. The complex at 1601 Dekalb Avenue has been developed in a partnership between Riseboro and Camber Property Group, and is designed by Aufgang Architects."
An affordable housing lottery is open for a nine-story development at 1601 Dekalb Avenue in Bushwick offering 80 rent-stabilized, income-restricted units. Eligible households range from one to seven people with incomes between $30,823 and $241,080 annually (40–120% of AMI). Lower-tier units include studios starting at $788 and three-bedrooms at $1,346, while 46 units targeted at 120% of AMI carry higher rents comparable to or above neighborhood medians. The building totals 126 apartments, with 45 supportive units for formerly homeless New Yorkers and on-site support services. The project was developed by Riseboro and Camber and designed by Aufgang Architects, with shared laundry and bike storage.
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