{"id":259286,"date":"2026-06-08T15:47:15","date_gmt":"2026-06-08T15:47:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/259286\/"},"modified":"2026-06-08T15:47:15","modified_gmt":"2026-06-08T15:47:15","slug":"housing-lottery-launches-for-303-rent-stabilized-units-in-hunts-point","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/259286\/","title":{"rendered":"Housing lottery launches for 303 rent-stabilized units in Hunts Point"},"content":{"rendered":"

Housing lottery applications<\/a> are open for 303 rent-stabilized apartments at Peninsula, a new development at 1221 and 1225 Spofford Ave. in the Hunts Point section of the South Bronx. Households that earn $19,235 to $166,250 are eligible to apply, depending on the number of people you live with. Rents start at $465 for a studio.<\/p>\n

The 14- and 17-story buildings have fitness rooms, card-operated laundry, outdoor terraces and a bike room. Parking spaces will be available on a first-come, first-serve basis for an extra fee. Units have dishwashers and free broadband internet. Rent includes heat and cooking gas, and tenants pay for electricity.\u00a0<\/p>\n

The South Bronx development<\/a> is located at the site of the Spofford Juvenile Detention Center,<\/a> a former juvenile jail that closed in 2011 after years of complaints of abuse and inadequate conditions.\u00a0<\/p>\n

Caption<\/p>\n

The apartments available include studios as well as one-, two-, three- and four-bedroom apartments.<\/p>\n

In addition to affordable housing, the complex will feature New York City\u2019s first city-run grocery store. <\/a>Mayor Zohran Mamdani has said the 20,000-square-foot municipal grocery store<\/a> will open in 2027. Another municipal grocery store is planned for East Harlem, but the Hunt\u2019s Point store is slated to open first.\u00a0\u00a0<\/p>\n

The NYC Economic Development Corporation and Peninsula JV LLC have already completed two residential buildings at the mixed-use development; these open units represent the project\u2019s second phase<\/a>.\u00a0<\/p>\n

The apartments are set aside for New Yorkers earning from 30 percent to 70 percent of the area median income (AMI)<\/a>\u2014a metric that depends on how many people you live with. Currently the AMI<\/a> for New York City is $129,600 for a two-person household. The apartments available include studios as well as one-, two-, three- and four-bedroom apartments.\u00a0<\/p>\n

There are 92 one-bedroom apartments available for households earning from $23,966 to $106,890. The rent for these apartments ranges from $591 to $1,926.<\/p>\n

Applications<\/a> must be submitted online or postmarked no later than July 7th.<\/p>\n

If you\u2019re interested and think you might qualify for one of these apartments, you can create a profile and apply online via NYC Housing Connect.<\/a> For details on this particular lottery, click here.<\/a> Don\u2019t apply more than once, or you could be disqualified.<\/p>\n

Winning a rent-stabilized apartment can be life changing: Rent increases are capped and lease renewals are automatic, providing long-term stability for NYC renters. Need more information on how the housing lottery works? Check out \u201c6 steps for applying to NYC’s affordable housing lottery.\u201d<\/a><\/p>\n

For some advice from successful applicants read \u201cHow to land a rental apartment through NYC’s affordable housing lottery.\u201d<\/a> And if you or someone you know is having trouble with the application process, consider reaching out to a housing ambassador<\/a> in the community.<\/p>\n

Note: Brick Underground is in no way affiliated with New York City\u2019s Department of Housing Preservation and Development or the Housing Development Corporation. If you are interested in applying to these or other affordable housing developments, please go to NYC Housing Connect<\/a> for information and instructions.<\/p>\n

Have you successfully won an apartment through the affordable housing lottery? If you have first-person advice<\/a> to share about the process, we\u2019d love to hear from you. Please send us an email. We respect all requests for anonymity.<\/p>\n

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