Affordable Housing for Rent
COMPASS III RESIDENCES
328 NEWLY CONSTRUCTED UNITS AT 1560 BOONE AVENUE, CROTONA PARK EAST
AND 101 EAST 173rd STREET, MOUNT HOPE, BRONX
Amenities: community room, bicycle room, landscaped courtyard, on-site gym, on-site laundry, closed circuit tv
Transit: 1560 Boone Ave: 2,5,6 Trains, BX4, BX4A, BX5, BX9, BX11, BX15, BX17, BX19, BX 21, BX27, BX35, BX36, BX40, BX42, Q44
Transit: 101 East 173rd Street: 4, D Trains, BX1, BX2, BX3, Bx11, BX13, BX15, BX18, BX32, BX35, BX36, BX41, BX41+, BX40, BX42
No application fee • No brokerʼs fee • Smoke-free building
This building is being constructed through the Extremely Low & Low-Income Affordability (ELLA) Program of both the New York City Housing
Development Corporation and the New York City Department of Housing Preservation and Development.
BRONX TIMES REPORTER, J BTR ULY 12-18, 2019 5
Who Should Apply? Individuals or households who meet the income
and household size requirements listed in the
table below may apply. Qualified applicants will be
required to meet additional selection criteria.
Applicants who live in New York City receive a
general preference for apartments.
A percentage of units is set aside for applicants with
disabilities:
o Mobility (5%)
o Vision/Hearing (2%)
Preference for a percentage of units goes to:
o Residents of Bronx Community Boards 3 & 4 (50%)
o Municipal employees (5%)
AVAILABLE UNITS AND INCOME REQUIREMENTS
Unit Size
30% AREA MEDIAN INCOME (AMI)
Monthly
Rent1
Units
Available
Household
Size2
Annual Household
Income3
Minimum –
Maximum4
40% AREA MEDIAN INCOME (AMI)
Monthly
Rent1
Units
Available
Household
Size2
Annual Household
Income3
Minimum –
Maximum4
50% AREA MEDIAN INCOME (AMI)
Monthly
Rent1
Units
Available
Household
Size2
Annual Household
Income3
Minimum –
Maximum4
Studio $331 9 1 Person $13,303 - $22,410 $475 9 1 Person $18,240 - $29,880 $618 9 1 Person $23,143 - $37,350
1
1 Person $16,629 - $22,410
1 Person $22,766 - $29,880
1 Person $28,903 - $37,350
Bedroom $426 15
$605 15
$784 15
2 People $16,629 - $25,620 2 People $22,766 - $34,160 2 People $28,903 - $42,700
2
Bedroom $521 7
2 People $19,920 - $25,620
$736 7
2 People $27,292 - $34,160
$951 7
2 People $34,663 - $42,700
3 People $19,920 - $28,830 3 People $27,292 - $38,440 3 People $34,663 - $48,050
4 People $19,920 - $32,010 4 People $27,292 - $42,680 4 People $34,663 - $53,350
3
Bedroom $594 6
3 People $23,006 - $28,830
$843 6
3 People $31,543 - $38,440
$1,091 6
3 People $40,046 - $48,050
4 People $23,006 - $32,010 4 People $31,543 - $42,680 4 People $40,046 - $53,350
5 People $23,006 - $34,590 5 People $31,543 - $46,120 5 People $40,046 - $57,650
6 People $23,006 - $37,140 6 People $31,543 - $49,520 6 People $40,046 - $61,900
Unit Size
60% AREA MEDIAN INCOME (AMI)
Monthly
Rent1
Units
Available Household Size2 Annual Household Income3
Minimum – Maximum4
100% AREA MEDIAN INCOME (AMI)
Monthly
Rent1
Units
Available Household Size2 Annual Household Income3
Minimum – Maximum4
Studio $761 29 1 Person $28,046 - $44,820 $1,091 21 1 Person $39,360 - $74,700
1
1 Person $35,040 - $44,820
Bedroom $963 56
$1,375 39
1 Person $49,166 - $74,700
2 People $35,040 - $51,240 2 People $49,166 - $85,400
2
Bedroom $1,166 22
2 People $42,035 - $51,240
$1,660 18
2 People $58,972 - $85,400
3 People $42,035 - $57,660 3 People $58,972 - $96,100
4 People $42,035 - $64,020 4 People $58,972 - $106,700
3
Bedroom $1,339 18
3 People $48,549 - $57,660
$1,910 14
3 People $68,126 - $96,100
4 People $48,549 - $64,020 4 People $68,126 - $106,700
5 People $48,549 - $69,180 5 People $68,126 - $115,300
6 People $48,549 - $74,280 6 People $68,126 - $123,800
1 Rent includes gas for cooking and heating; tenants will be responsible for their own electricity
2 Household size includes everyone who will live with you, including parents and children. Subject to occupancy criteria.
3 Household earnings include salary, hourly wages, tips, Social Security, child support, and other income. Income guidelines subject to change.
4 Minimum income listed may not apply to applicants with Section 8 or other qualifying rental subsidies. Asset limits also apply.
How Do You Apply?
Apply online or through mail. To apply online, please go to nyc.gov/housingconnect. To request an application send a self-addressed envelope to Compass III
Residences, P.O. Box 805, New York, NY 10030. Only send one application per development. Do not submit duplicate applications. Do not apply online and also send
in a paper application. Applicants who submit more than one application may be disqualified.
When is the Deadline?
Applications must be postmarked or submitted online no later than September 10, 2019. Late applications will not be considered.
What Happens After You Submit an Application?
After the deadline, applications are selected for review through a lottery process. If yours is selected and you appear to qualify, you will be invited to an interview to
continue the process of determining your eligibility. Interviews are usually scheduled from 2 to 10 months after the application deadline. You will be asked to bring
documents that verify your household size, identity of members of your household, and your household income.
Español Presente una solicitud en línea en nyc.gov/housingconnect. Para recibir una traducción de español de este anuncio y la solicitud impresa, envíe un sobre con la dirección a: Compass III
Residences P.O.BOX 805 New York, NY 10030 En el reverso del sobre, escriba en inglés la palabra “SPANISH.” Las solicitudes se deben enviar en línea o con sello postal antes
10 de septiembre 2019.
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Mayor Bill de Blasio • HPD Commissioner Louise Carroll • HDC President Eric Enderlin
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