[chris08876]

Project: 1175 Boston Road

A new affordable apartment building that includes $550 per month studio apartments — as well as units specifically designated for formerly homeless people on Medicaid — is slated to open in The Bronx by this summer.

The building, called Boston Road Residence and located at 1175 Boston Rd., will include 154 studio apartments, 60 of which will be affordable units with a monthly rent of $550 for people making between $18,000 and $35,280 per year.

The affordable apartments will be leased through a lottery. Fourty-six of them are meant for people 55 or older, and residents who live in Bronx Community Board 3, where the building is located, will receive preference for half of the units. Veterans will receive preference for the units as well.
The remaining 94 apartments will be for homeless individuals who use Medicaid often, and the project will include amenities like a fitness room, computer lab and garden.

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http://www.dnainfo.com/new-york/2015...nx-this-summer