Place chart

Mount Hope: Launch of the housing lottery for units at 2 Mount Hope Place

By SILE MOLONEY

2 MT. HOPE PLACE in Morris Heights, Bronx
Image courtesy of NYC Housing Connect

New York City of Housing Preservation & Development (HPD) has launched an affordable housing lottery for units at 2 Mount Hope Place, a new 11-story mixed-use development at 1840 Jerome Avenue in the Mt. Hope section of the Bronx, as reported by as reported by YIMBY.

Designed by Gerald Caliendo Architects and developed by Sam Kafif, the structure produces 430 residential units, according to YIMBY. Available on NYC Housing ConnectHPD’s online application tool, are 43 units for residents at 40-130% of the Area Median Income (AMI), whose qualifying income ranges from $21,738 to $215,150.

2 MT. HOPE PLACE in Morris Heights, Bronx
Image courtesy of NYC Housing Connect

According to NYC Housing Connect, amenities include covered parking, communal laundry room, recreation room, security guard and cameras, and doorman.

Tenants are responsible for electricity. Units come with air conditioning, an intercom and branded kitchen appliances, countertops and finishes, according to NYC Housing Connect.

2 MT. HOPE PLACE in Morris Heights, Bronx
Image courtesy of NYC Housing Connect

At 40% of the AMI, there are eight studios with a monthly rent of $548, for incomes ranging from $21,738 to $42,720 and nine one-bedroom units with a monthly rent of $545, for income ranging from $22,046 to $48,040.

At 60% of the AMI, there are 12 one-bedroom units with a monthly rent of $945, with incomes ranging from $35,760 to $72,060, and five two-bedroom units with a monthly rent of 1 $148, for earnings ranging from $43,818 to $86,460.

2 MT. HOPE PLACE in Morris Heights, Bronx
Image courtesy of NYC Housing Connect

At 90% of the AMI, there are four two-bedroom units with a monthly rent of $1,869 for incomes ranging from $68,538 to $129,690, and two three-bedroom units with a monthly rent of $2,151. $, for earnings ranging from $79,303 to $148,950.

At 130% of the AMI, there is a studio with a monthly rent of $1,700, for income ranging from $58,286 to $138,840; a two-bedroom unit with a monthly rent of $1,975, for incomes ranging from $67,715 to $187,330; and a three-bedroom unit with a monthly rent of $2,500, with incomes ranging from $85,715 to $215,150.

2 MT. HOPE PLACE in Morris Heights, Bronx
Image courtesy of NYC Housing Connect

Prospective tenants must meet income and household size requirements to apply for these apartments, and applications must be postmarked or submitted online by October 31, 2022.

THIS CHART PROVIDED by the New York City Department of Housing Preservation and Development (HPD) is designed to help residents understand the AMI income categories used by the department to determine eligibility for affordable housing, which varies by household size.
Source: HPD

Editor’s note: Norwood News does not accept, process or refer any applications. For inquiries, please contact the New York Department of Housing Preservation and Development as follows:

NYC Housing Connect
Affordable Housing Lottery Hotline
: 212-863-7990

E-mail: [email protected]

For more information on applying for affordable housing for people with disabilities, please submit your accessibility inquiries to:
Call: 212-863-6486
E-mail: [email protected]

HPD Housing Ambassadors
E-mail: [email protected]