In a new lottery for affordable housing will play 80 homes for sale

Tired of paying the landlord? Time acquires its own the roof over my head. With a new lottery for affordable housing, this task has become more feasible.

Power play 83 houses in East Brooklyn at a price of $197 500. This amount is much lower than the average price in the city, which today is 309 100, according to Zillow.

For affordable properties can compete the new Yorkers with incomes of 90%, 110% and 130% of the average.

  • At stake is a 5-bedroom single-family homes priced at $197 500 — $265 500 depending on the income of applicants
  • 51 three bedroom house for the price of $247, 500 to $315 500
  • 27 houses two-family from $370 000 to $420 000 — they will only play between applicants with an income of 130% of the average

The estate can be paid at once, but in installments: the amount of a down payment can leave from $176 825 to $187 950 for the most expensive residential units.

The house was built in the framework sponsored by the project authorities Nehemiah-spring-creek.

Accepting applications for participation in the lottery has already started and will last until April 3. More detailed information can be found here.

 

 

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