May 20, 2019
At 112 Edwards Street in Fort Greene, a completely new type of affordable housing is set to launch a lottery for 108 low-income units. The Ingersoll Senior Residences was built as part of the city's controversial plan to lease NYCHA land to private developers in order to build and maintain more affordable housing. Thanks to a partnership between BFC Partners and SAGE, Advocacy & Services for LGBT Elders, the building is the nation's largest LGBT-friendly elder housing project and the first in New York City. When the lottery opens on May 29th, individuals or couples who have at least one member age 62 or older can apply for studios and one-bedrooms for which they'll pay 30 percent of their income, which can range from $0 to $42,700.
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