Real Estate
New 'Affordable' Bed-Stuy Spots Too Expensive For Most Neighbors
Only households making $68,000 a year can apply for a new affordable housing listing in a neighborhood with a typical income of $36,000.

BEDFORD-STUYVESANT, BROOKLYN — There's a catch to the city's latest affordable housing lottery listing in Stuyvesant Heights — it's only open to households earning nearly twice the neighborhood's typical yearly income of $36,000.
Two newly-constructed apartments in a humble Howard Avenue building are up for grabs starting Friday, a listing states. They both offer in-unit washers and dryers and easy access to the A and C trains, it states.
But the income requirements for a draw on the lottery may not be so convenient for many would-be applicants who share the building's 11233 zip code. It's an area where most people earn less — sometimes far less — than $68,572 a year minimum required in the listing.
Find out what's happening in Bed-Stuyfor free with the latest updates from Patch.
The typical income in the neighborhood is $36,009, according to U.S. Census data.
And the maximum household income to qualify for the one-bedroom and two-bedroom offerings top out far above that.
Find out what's happening in Bed-Stuyfor free with the latest updates from Patch.
The one-bedroom is open to three-person households making up to $124,930 a year, the listing states.
A five-person household can earn up to $149,890 and still apply for the two-bedroom, according to the listing.
Rent for the one-bedroom is $2,000 a month and its two-bedroom companion is $2,300.
The application period closes March 27. More information can be found here.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.