Launches For 219 Units At Chestnut Commons Apartments In East New

Los Angeles CA

03 February, 2022

2:09 PM

Description

The affordable housing lottery has launched for Chestnut Commons Apartments, a 14-story mixed-use building at 110 Dinsmore Place in East New York, Brooklyn.  Designed by Dattner Architects and developed by Ismene Speliotis, the structure yields 275 residences. Available on NYC Housing Connect are 219 units for residents at 20 to 80 percent of the area median income (AMI), ranging in eligible income from $9,875 to $118,400. Amenities include 24-hour security, common area Wi-Fi, shared laundry room, bike storage room, community/recreation room, a rooftop garden, and a patio garden on the second floor. There is free secure broadband internet for all units. The Cypress Hills/ENY Community Center will be run by Cypress Hills Local Development Corporation and will have a focus on workforce development and education, urban agriculture, and healthy eating. Tenants are responsible for electricity. At 20 percent of the AMI, there are 49 units with a monthly rent ranging from $202 to $372 for incomes ranging from $9,875 to $29,600. At 40 percent of the AMI, there are 60 units with a monthly rent ranging from $522 to $927 for incomes ranging from $20,846 to $59,200. At 50 percent of the AMI, there are 55 units with a monthly rent ranging from $683 to $1,205 for incomes ranging from $26,366 to $74,000. At 70 percent of the AMI, there are 28 units with a monthly rent ranging from $1,003 to $1,760 for incomes ranging from $37,338 to $103,600. At 80 percent of the AMI, there are 27 units with a monthly rent ranging from $1,163 to $2,037 for incomes ranging from $42,823 to $118,400. Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than April 4, 2022.