Affordable Housing Lottery Launches For Alvista Towers II (Application Deadline: February 7th)

The affordable housing lottery has launched for Alvista Towers II, a newly built 25-story mixed-use building at 147-25 94th Avenue in Jamaica, Queens. Designed by GF55 Partners and developed by Artimus NYC, the structure yields 543 residences. Available on NYC Housing Connect are 353 units for residents at 50 to 165 percent of the area median income (AMI), ranging in eligible income from $25,920 to $212,685.

Residents will have access to a wide range of amenities including a 24-hour attended lobby, an on-site resident manager, a fifth-floor recreational terrace, rooftop lounge, fitness center, yoga room, kids center, art room, music room, bicycle storage, dog washing station, shared laundry room, lounge area, and on-site parking. Units come equipped with large windows, PTAC heating/cooling units, dishwashers, energy-efficient appliances and light fixtures, name-brand appliances and finishes, and patios or balconies.

At 50 percent of the AMI, there are 33 studios with a monthly rent of $683 for incomes ranging from $25,920 to $47,750; 85 one-bedrooms with a monthly rent of $865 for incomes ranging from $32,503 to $53,700; and 45 two-bedrooms with a monthly rent of $2,705 for incomes ranging from $92,743 to $167,570.

At 120 percent of the AMI, there are 34 studios with a monthly rent of $1,532 for incomes ranging from $55,029 to $114,600; 84 one-bedrooms with a monthly rent of $1,926 for incomes ranging from $68,880 to $128,880; and 34 two-bedrooms with a monthly rent of $2,705 for incomes ranging from $92,743 to $167,570.

At 165 percent of the AMI, there are six studios with a monthly rent of $1,853 for incomes ranging from $66,035 to $157,575 and 44 two-bedrooms with a monthly rent of $2,323 for incomes ranging from $83,383 to $154,680.

Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than February 7, 2022.