In the very near future, another affordable housing lottery will open for Essex Crossing. The city and Delancey Street Associates, which is developing the Lower East Side mega-project, are poised to open applications for 92 senior apartments at 140 Essex St. But even before the lottery goes live, the developers are spreading the word for a public information session to explain the application process.
The meeting has been scheduled for Wednesday, June 26 in the Grand Street Settlement Community Room, 175 Delancey St., 6:30-8 p.m. There will be an overview of the online housing portal run by the NYC Department of Housing Preservation & Development, a review of eligibility requirements and an opportunity to answer questions. This is not a workshop to actually complete applications – it’s informational only. No applications will be distributed at the event. Translation will be provided in Chinese and Spanish.
The apartments at 140 Essex St. will be all studios, available to seniors 62+ at 30%, 50% and 60% of Area Median Income (AMI). Eligible applicants must have annual household incomes ranging from about $22,000-$45,000. The eight-story building, located on a site that once housed part of the Essex Street Market, is expected to be completed by the end of this year.
Essex Crossing includes more than 1,000 apartments, half of them designated as below-market rate by the city. 140 Essex St. is one of two senior buildings in the project.