Dix Avenue Apartments launches affordable housing lottery in Queens

New York City has launched an affordable housing lottery for 62 units at the Dix Avenue Apartments in Far Rockaway, Queens. The development consists of five four-story residential buildings located on Dix Avenue.

The lottery is designed for households earning between 40% and 60% of the Area Median Income (AMI). Available units include studios, one-bedroom, two-bedroom, and three-bedroom apartments. Monthly rents start at $1,077 for certain one-bedroom units reserved for those at the 40% AMI level.

Specific income and asset requirements apply to each tier. For example, the most affordable one-bedroom units require an annual household income between $41,760 and $61,080, with an asset limit of $67,840. Other units, such as three-bedroom apartments, have higher rent and income thresholds, with some rents reaching up to $2,312 per month.