Another affordable housing development has been erected in Bushwick. The development was launched on the site of a former Catholic convent seven years ago and finally completed on Monday. Although the ite was just recently finished, a lottery for a majority of units in the housing properties were already opened since January 2017.
According to a report of the building facade by Brownstoner, the property itself comprises three separate addresses: a four-story brick building at 11 De Sales Place, a six-story addition at 21 De Sales Place, and another new eight-story building at 1875 Broadway. The entire housing property is owned by Our Lady of Lourdes Apartment LLC which bought it for a cool $1.8 million in 2015.
Rents start at $519 per month for a studio-size unit to $1,740 for a three-bedroom apartment. The site is no longer listed on the NYC Housing Connect lottery portal, but four other affordable housing developments are currently available in Bushwick:
Monthly rent: $2,550-$2,800 for two or three-bedroom units
Income requirements: $87,429 for a two-person household to $157,300 for a six-person household.
Monthly rent: $1,700-$2,741 for one- or three-bedroom units
Income requirements: $58,286 for a one-person household to $157,300 for a six-person household.
Monthly rent: $1,750 for one-bedroom units
Income requirements: $60,000 for a one-person household to $122,070 for a three-person household.
Monthly rent: $2,000 for one-bedroom units
Income requirements: $68,572 for a one-person household to $108,550 for two-person household.
Affordable housing continues to be a major issue across the boroughs. In 2018, there were more than 4.6 million applicants that applied for the affordable housing lottery—almost double the amount of applicants two years ago. And despite a higher-need among low-income residents, a recent report by City Limits suggests that the city’s current policies disproportionately help middle-income residents secure housing than those making a lot less.
A bill that would require housing developers using public money to set aside 15 percent of their units for homeless households was recently proposed by city council. Bronx Councilman Rafael Salamanca Jr. brought up the legislation, but it was opposed by the city’s administration in a hearing last week. The city’s Department of Housing Preservation and Development, which runs New York’s housing lottery system, said that it still needs some flexibility to adjust developments with changes in the economy; writing the homeless household requirement into law would essentially take that away.
Cover image courtesy of Georgica Green Ventures, LLC.