Affordable housing in new York: apartment in Chelsea for $833

Affordable housing in new York: apartment in Chelsea for $833

Usually, if you are looking for an apartment with (relatively) affordable rental, Chelsea is the last place you go. In 2015, the average rent for an apartment with one bedroom in Lower Manhattan was neither more nor less than $3,800 per month. However, due to the now popular the lotteries for affordable housing few lucky ones will be able to rent the lovely apartment almost 5 times cheaper.

To apply for participation in the lottery is possible with 3 to 25 may. The competition includes 19 apartments in a new building at 221 W 29th St. Among them: 4 Studio apartments for $833 per month, 13 one-bedroom apartments for $895 in a month and a couple of two bedroom apartments is $1,082 per month. As always, the candidates are put forward very specific requirements in the financial plan: annual income wish to win affordable rent must be under $30,446 to $57,240.

The building boasts its own fitness center, indoor Bicycle storage, a spacious lobby, a rooftop area, Laundry and many other amenities which will keep any tenant.

If suddenly luck turns his back to you, do not worry, because the draft budget to mayor de Blasio provides lottery for 10,000 units of affordable housing, however, in the next year. Well, some things are worth the wait.

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