"Mitchell-Lama developments are designed to make housing affordable to moderate- and middle-income New Yorkers as well as low-income families. These lotteries allow for a wider income range than most affordable rental projects."
"Lotteries to join the waiting list for this Mitchell-Lama co-op are open for a one-bedroom or two-bedroom apartment at Highlawn Terrace in southern Brooklyn. The building is accessible by the N, D and F trains."
"Eligible income for the Bronx lottery ranges from $38,400 to $235,000 depending on the size of the apartment, with estimated monthly maintenance costs varying accordingly."
Two Mitchell-Lama co-op lotteries are offering below-market homeownership opportunities in Brooklyn and the Bronx. The lotteries are for one- or two-bedroom apartments in Brooklyn and studio to three-bedroom apartments in the Bronx. Eligible income ranges vary, allowing moderate- and middle-income New Yorkers, as well as low-income families, to apply. Applications for the Brooklyn lottery close on April 6, while the Bronx lottery closes on April 8. Interested applicants can apply online or by mail before the deadlines.
Read at Epicenter NYC
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