I subscribe to the NYC HPD email list to receive notices about various city-sponsored affordable housing programs. Usually these are for subsidized sales in less “desirable” (as dictated by real estate prices) neighborhoods (East New York, Rockaway, Mott Haven) and rentals with strict income limits in similar neighborhoods.

This evening in my box appeared a notice of affordable units on N 5th and Kent (pdf) ranging from $398-$920 month for studio to 3 bedroom units, restricted to $17,800 - $49,320 income ranges. Anyone who lived in Community Board 1 on or after Oct 4 2004 or currently lives in the neighborhood will get priority in the ensuing lottery — so all you starving artist hipsters getting priced out of the neighborhood — lock in your subsidized, water-front unit today!

All HPD listings

This entry was posted on Friday, October 5th, 2007 at 9:18 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.