The affordable housing lottery has launched for The Cascade G, a six-story residential building at 869 Myrtle Avenue in Bedford-Stuyvesant, Brooklyn. The 56,487-square-foot development is designed by MGA Architecture and will yield 45 units. Available on NYC Housing Connect are 44 units for residents at 60 percent of the area median income (AMI), ranging in eligible income from $37,886 to $88,800.
Amenities include bike storage lockers, a shared laundry room, a rooftop terrace, and an on-site resident manager. Units will have air conditioning. Half of the units designated for residents of the community board will be allocated through referrals of applicants from city agencies.
At 60 percent of the AMI, there are three studios with a $1,041 monthly rent for incomes ranging from $37,886 to $57,300; seven one-bedrooms with a $1,117 monthly rent for incomes ranging from $40,766 to $64,440; 22 two-bedrooms with a $1,350 monthly rent for incomes ranging from $49,475 to $77,340; and 12 three-bedrooms with a $1,553 monthly rent for incomes ranging from $57,189 to $88,800.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than July 29, 2021.