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Affordable housing lottery opens at 1303 Hoe Avenue in the Bronx

Affordable housing lottery opens at 1303 Hoe Avenue in the Bronx

Built World New York, NY local

Eleven of 37 units are available through NYC Housing Connect, with rents from $1,494 to $2,264 a month.

Overview

Updated 1 hour ago

A five-story building in Longwood, the Bronx, opened its affordable housing lottery on November 7. Eleven of 1303 Hoe Avenue's 37 apartments are available through NYC Housing Connect, the city's portal for below-market units.

The lottery is the public face of a housing policy that trades building density for set-aside units. It also shows the limits: most of the building is not in the lottery, and the top 'affordable' studio is priced at $2,264 a month.

Why it matters

Eleven below-market leases in a 37-unit Bronx building show how lotteries ration scarce affordable housing one building at a time.

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Key Indicators

11
Affordable units in lottery
Units available through NYC Housing Connect at 1303 Hoe Avenue.
37
Total residences
Apartments in the five-story building.
$1,494
Lowest monthly rent
Studio at 70 percent of area median income.
$2,264
Highest monthly rent
Studio at 100 percent of area median income.
70–100%
AMI range
Income eligibility band for the lottery units.
Nov 27
Application deadline
Postmark or online submission cutoff.

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People Involved

Organizations Involved

Timeline

2 events Latest: Today
  1. Application deadline

    Upcoming Deadline

    Online or postmarked applications due for the 11 units.

  2. Lottery opens for 1303 Hoe Avenue

    Today Housing

    Eleven units listed on NYC Housing Connect at 70 to 100 percent of area median income.

Scenarios

1

All 11 affordable units lease by fall 2027

Likely Resolves by Q3 2027

Discussed by: HPD lottery records and building listings

The lottery closes November 27. If demand follows other Bronx lotteries, the 11 units fill and the building reaches stabilized occupancy within a year.

2

Lottery closes with a waitlist

Likely Resolves by End of 2026

Discussed by: NYC Housing Connect

Applications outnumber units, as is typical for below-market lotteries in the Bronx. HPD closes the listing and maintains a waitlist.

3

Units fail to fill and lottery reopens

Unlikely Resolves by Q2 2027

Discussed by: NYC Housing Connect

If qualified applicants are scarce or rents deter takers, the listing reopens for the same units.

Historical Context

2 moments from history that rhyme with this story — and how they unfolded.

1970s

South Bronx fires and abandonment (1970s)

Arson, landlord abandonment and city disinvestment destroyed large stretches of South Bronx housing. Vacant lots and burned-out buildings replaced blocks of apartments, and the borough lost a significant share of its housing stock.

Then

Federal and city programs eventually funded rebuilding, but recovery took decades.

Now

The loss shaped Bronx housing policy and left a legacy of scarce supply that new construction still works against.

Why this matters now

Buildings like 1303 Hoe Avenue sit on a landscape still marked by that period of withdrawal.

1975

New York City fiscal crisis (1975)

The city neared default, froze hiring and cut services. Public investment in neighborhoods like the South Bronx slowed sharply.

Then

The state and federal government imposed fiscal controls and the city shed jobs.

Now

The crisis reset city finances and contributed to years of deferred investment in housing and infrastructure.

Why this matters now

The affordable housing gap that lotteries now address traces partly to that era of retrenchment.

Sources

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