Thursday, October 28, 2010

☞ DWELL: Genesis Affordable Rentals on Market



All of the Genesis affordable rental buildings have recently been finishing up and now the lottery applications are available for those new constructions.  A total of 85 affordable units are hitting the rental market and the deadline for the applications is on December 27th.  The 3 developments include the grey brick building at FDB/8th Avenue and 112th Street, 2078-80 FDB (top photo), 311 West 141st Street (middle photo)and 203-209 West 119th Street (last photo).  Studio monthly rents start out at $872 with an income cap of $45.7K, 1 bedrooms around $1,093 with income cap approximately $52K and 2 bedrooms going for roughly $1,668 for income cap of $79K-$107K (for one person). Move-in date is approximately set for Winter 2011.  Get more details on each building and apply on line here: LINK.  Read more on the developments in our past post: LINK.

2 comments:

  1. In looking at the info in the link it appears that those incomes are the minimum, not the cap.

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  2. Income minimums are on the link for the application. Please post user names for comments to remain permanent to this site.

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