UWS Affordable Housing Lottery Launches for New Luxury Building: How To Apply

250 West 96th Street on the Upper West Side. Photo courtesy of Housing Works. An “affordable housing lottery” has launched for a single apartment within a new luxury building on the corner of West 96th Street and Broadway. The lottery, which will remain open until January 17, is for an apartment within the newly constructed 96 + Broadway building at 250 West 96th Street. The luxury condominium building contains a 75-foot pool, a fitness center, squash and basketball courts, a children’s playroom, a landscaped rooftop, an indoor movie theater, and more. To qualify for the lottery, you need to make between $0 and $111,840, depending on how many people are in your household. Applicants must not make more than 80 percent of the area-median income, which is $86,960 for a single-person household, $99,400 for two people, and $111,840 for three. You must also not have more than $302,606 in assets. If you qualify and are selected, you will then have the opportunity to purchase the apartment for an estimated $308,313. Eligible buyers should have 10 percent of the purchase price available for a down payment. There will also be an estimated $500 monthly maintenance fee. The available apartment has one bedroom, one-and-a-half bathrooms, a washer and dryer, and a dishwasher. You can find out more, and apply for yourself — HERE.