BRAND NEW APARTMENTS FOR RENT

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					                                   BRAND NEW APARTMENTS
                                         FOR RENT
East Burnside Associates LLC is pleased to announce that applications are now being accepted for 59 affordable
housing rental apartments under construction at 269 East Burnside Avenue, Bronx, NY in the Mount Hope
Section of The Bronx. This building is being constructed through the Low Income Rental Program (LIRP) of the
City of New York’s Department of Housing Preservation and Development (HPD), and the New York State
Homes and Community Renewal (HCR). The size, rent and targeted income distribution for the apartments are as
follows:
             Available         Apartment       HH       Monthly Rent**      Total Minimum         Total Maximum Annual
            Apartments           Size         Size*                        Annual Income ***            Income ***
                6               Studio         1           $354.00            $13,920.00                $16,650.00
                2             1 Bedroom        1           $378.00            $14,811.00                $16,650.00
                              1 Bedroom        2           $378.00            $14,811.00                $19,020.00
                2             2 Bedroom        2           $458.00            $17,622.00                $19,020.00
                              2 Bedroom        3           $458.00            $17,622.00                $21,390.00
                              2 Bedroom        4           $458.00            $17,622.00                $23,760.00

                8               Studio         1           $571.00            $21,360.00                $27,750.00
                8             1 Bedroom        1           $658.00            $24,411.00                $27,750.00
                              1 Bedroom        2           $658.00            $24.411.00                $31,700.00
                6             2 Bedroom        2           $799.00            $29,314.00                $31,700.00
                              2 Bedroom        3           $799.00            $29,314.00                $35,650.00
                              2 Bedroom        4           $799.00            $29,314.00                $39,600.00
                2             3 Bedroom        3           $918.00            $33,874.00                $35,650.00
                              3 Bedroom        4           $918.00            $33,874.00                $39,600.00
                              3 Bedroom        5           $918.00            $33,874.00                $42,800.00
                              3 Bedroom        6           $918.00            $33,874.00                $45,950.00

                7             1 Bedroom        1           $807.00            $29,520.00                $33,300.00
                              1 Bedroom        2           $807.00            $29,520.00                $38,040.00
                5             2 Bedroom        2           $977.00            $35,417.00                $38,040.00
                              2 Bedroom        3           $977.00            $35,417.00                $42,780.00
                              2 Bedroom        4           $977.00            $35,417.00                $47,520.00
                1             3 Bedroom        3          $1,124.00           $40,937.00                $42,780.00
                              3 Bedroom        4          $1,124.00           $40,937.00                $47,520.00
                              3 Bedroom        5          $1,124.00           $40,937.00                $51,360.00
                              3 Bedroom        6          $1,124.00           $40,937.00                $55,140.00

                6             2 Bedroom        2          $1,102.00           $39,702.00                $50,720.00
                              2 Bedroom        3          $1,102.00           $39,702.00                $57,040.00
                              2 Bedroom        4          $1,102.00           $39,702..00               $63,360.00
                6             3 Bedroom        3          $1,371.00           $49,405.00                $57,040.00
                              3 Bedroom        4          $1,371.00           $49,405.00                $63,360.00
                              3 Bedroom        5          $1,371.00           $49,405.00                $68,480.00
                              3 Bedroom        6          $1,371.00           $49,405.00                $73,520.00

        *Subject to occupancy criteria                      **Includes gas for heat, hot water and cooking – resident pays electricity
        ***Incomes may vary depending on family size        **** Income guidelines are subject to change

Applicants will be required to meet income guidelines and additional selection criteria to qualify. Applications may be
requested by regular mail to East Burnside Associates LLC c/o PO BOX 2011, Triborough Station, New York, NY
10035 or by visiting our website at www.Burnsideapts.com. Please be sure to include a self-addressed envelope with your
request for an application. Completed applications must be returned by regular mail only to a post office box number
that will be listed with the application, and must be postmarked by July 18, 2011. Applications postmarked after July 18,
2011 will be set aside for possible future consideration. Applicants will be selected by lottery. Applicants who submit more
than one application will be disqualified. Eligible applicants currently residing in The Bronx Community Board 5 will receive
preference for 50% of the units. In addition, there will be a 5% preference for the Municipal Employees of the City of New
York, 5% preference mobility impaired and 2% for the hearing/visually impaired. Applicants residing in New York City will
receive a general preference over Non-City residents. Limit one application per household.
                                            No Brokers Fee. No Application Fee.
                                            ANDREW M. CUOMO, Governor
                                           MICHAEL R. BLOOMBERG, Mayor
                                      MATHEW M. WAMBUA –Commissioner - HPD
                                     DARRYL TOWNS, Commissioner/CEO – NYS-HCR

                                                       www.nyc.gov/hpd

				
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