June 19, 2023
The largest project to stem from the 2016 rezoning of East New York launched a housing lottery for over 300 affordable apartments this week. Developed by the housing nonprofit Phipps Houses, Atlantic Chestnut is a block-long development with three interconnected buildings and more than 1,100 units of affordable housing. As part of the first phase, 341 apartments are available at 250 Euclid Avenue. Qualifying New Yorkers earning 30, 40, 50, 60, and 80 percent of the area median income can apply for the available apartments priced from $419/month studios to $2,273/month three-bedrooms.
Find out if you qualify