Affordable Housing Lottery On Gowanus Canal Launches

GOWANUS, NY — Today, developers launched a lottery for 90 affordable apartments at 420 Carroll Street.

The homes are reserved for families between 40 and 100 percent of the area median income, which is $31,200-$192,600, according to Housing Connect.

While the lottery is open to the public, 20 percent of the available units will go to applicants who live in Community Board District 6, which includes Red Hook, Carroll Gardens, Park Slope, Gowanus and Cobble Hill.

Another 5 percent of the units are reserved for New York City government employees.

“As the first development borne from the Gowanus Neighborhood Rezoning to launch an affordable housing lottery, this milestone at 420 Carroll represents an important stride for the development of the neighborhood," Matt Schwartz, Co-CEO of The Domain Companies, said. The Domain Companies is the development firm behind the project.

"We are grateful to be a part of this era of growth in Gowanus and look forward to seeing our vibrant residential community grow as a result of the lottery,” Schwartz said.

The apartment complex contains 360 apartments, 27,000 square feet of commercial space and a public promenade along the canal. The apartments all have dishwashers and laundry in unit, along with high-end appliances and countertops, the developers said.

The housing lottery is open now until October 28.