Apartments For Under $900 Up For Grabs In Housing Lottery Offering In Brooklyn..

Apartments For Under $900 Up For Grabs In Housing Lottery Offering In Brooklyn300 Apartments at the Dock Street DUMBO development in Brooklyn are up for grabs in an affordable housing lottery, with studios going for as little as $539 and two-bedrooms for less than $900. The project at 60 Water St., which is currently under construction near Dock Street, set aside 58 low-income units for residents making up to $23,520 for a studio and $41,950 for a two-bedroom. A full breakdown of rental prices and qualifying income levels can be found here. The rest of the apartments will lease at market rates, but it’s not clear how much they will cost. Those interested in entering the lottery can download an application here. Applications must be postmarked by April 7. Apartments should be ready for occupancy in the first quarter of 2015, according to CurbedLINK

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