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NEWLY CONSTRUCTED

APARTMENTS

FOR RENT

East Burnside Avenue Apartments is pleased to announce that applications are now being accepted for 84 affordable housing rental apartments now under construction at 262-270 East Burnside Avenue in the Mount Hope section of The Bronx. This building is being constructed through the Low-Income Affordable Marketplace Program (LAMP) of the New York City Housing Development Corporation and the 421-a Affordable Housing Program of the Department of Housing Preservation and Development. The size, rent and targeted income distribution for the 84 apartments are as follows: Apartments Available 16 17 40 Apartment Size Studio 1 Bedroom 2 Bedroom Household Size 1 1 2 2 3 4 4 5 6 1 1 2 2 3 4 3 4 5 6 Monthly Rent * $ 635 $ 678 $ 678 $ 819 $ 819 $ 819 $ 947 $ 947 $ 947 $ 675 $ 723 $ 723 $ 871 $ 871 $ 871 $1007 $1007 $1007 $1007 Total Annual Income Range **

Minimum ­ Maximum

$23,397 ­ $29,760 $25,029 ­ $29,760 $25,029 ­ $34,020 $30,082 ­ $34,020 $30,082 ­ $38,280 $30,082 ­ $42,115 $34,761 ­ $42,540 $34,761 ­ $45,960 $34,761 ­ $48,666 $23,824 ­ $29,760 $25,518 ­ $29,760 $25,518 ­ $34,020 $30,741 ­ $34,020 $30,741 ­ $38,280 $30,741 ­ $42,540 $35,541 ­ $38,280 $35,541 ­ $42,540 $35,541 ­ $45,960 $35,541 ­ $49,320

3

3 Bedroom

2 1 4

Studio 1 Bedroom 2 Bedroom

1

3 Bedroom

* Includes gas for heat and cooking. ** Income guidelines subject to change.

Qualified applicants will be required to meet income guidelines and additional selection criteria. Applications may be requested by mail only from: East Burnside Avenue, Associates, 941 Hoe Avenue, Bronx, New York, 10459. Please include a selfaddressed envelope with your request. Completed applications must be returned by regular mail only (no priority, certified, registered, express or overnight mail will be accepted) to a post office box number, or its equivalent, that will be listed with the application, and must be postmarked by August 7, 2007. Applications postmarked after August 7, 2007 will be set aside for possible future consideration. Applications will be selected by lottery. Applicants who submit more than one application per household will be disqualified. Preference will be given to New York City residents. Current and eligible residents of Bronx Community Board 5 will receive preference for 50% of the units. Eligible households that include persons with mobility impairments will receive preference for 5% of the units; eligible households that include persons with visual and/or hearing impairments will receive preference for 2% of the units; and eligible City of New York Municipal Employees will receive a 5% preference. No Brokers Fee. No Application Fee. MICHAEL R. BLOOMBERG , Mayor

The City of New York Department of Housing Preservation and Development SHAUN DONOVAN, Commissioner New York City Housing Development Corporation EMILY A. YOUSSOUF, President

www.nyc.gov/hpd

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