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ENDING IN

Days

Hours

Minutes

IF YOU EARN BETWEEN $59K AND $172K

YOU COULD SAVE UP TO $8,000/YEAR!

Seventy-Five lucky households will be selected through a New York City Housing Lottery to obtain a brand new apartment at restricted middle income prices. Through this new program, paying less for an apartment isn’t just smart, it’s

rentSmart

AVAILABLE UNITS

AND INCOME REQUIREMENTS

Available
Unit type
Monthly rent ($)
Household size
Annual household income ($)
27 Units
Studio
1,721
1 Person
59,006 - 97,110
2 People
56,006 - 111,020
31 Units
1 Bedroom
2,160
1 Person
74,058 - 97,110
2 People
74,058 - 111,020
3 People
74,058 - 124,930
14 Units
2 Bedroom
2,600
2 People
89,143 - 111,020
3 People
89,143 - 124,930
4 People
89,143 - 138,710
5 People
89,143 - 149,890
3 Units
3 Bedroom
2,975
3 people
102,000 - 124,930
4 People
102,000 - 138,710
5 People
102,000 - 149,890
6 People
102,000 - 160,940
7 People
102,000 - 172,120
  1. Rent includes gas for cooking. Tenants are responsible for Electricity
  2. Household size includes everyone who will live with you, including parents and children. Subject to occupancy criteria.
  3. Household earnings includes salary, hourly wages, tips, Social Security, child support, and other income. Income guidelines subject to change.
  4. Minimum income listed may not apply to applicants with Section 8 or other qualifying rental subsidies. Asset limits also apply.
rentSmart

The RentSmart lottery is run in cooperation with The Lois, the NYC Department of Housing Preservation and Development, and Lisa Management Inc.

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FAQ

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Tell me more about The Lois

The Lois is a new 250-unit building on Clarkson Avenue, just east of Nostrand Avenue. Thirty percent of the units have been set aside for middle income residents, which means the monthly rent is affordable to middle income households and those households must qualify at the outset, not making too much or too little. To apply for these units, applicants have to enter a housing lottery administered by NYC Department of Housing Preservation and Development.

What is RentSmart?

Who should apply?

What is a household?

What are the benefits of The Lois Lottery?

Can I see an apartment in person?

Will I have access to all building amenities?

Are the lottery apartments different from the market rate apartments?

Is the apartment worth the application process?

What are my odds of winning?

How do I apply?

How long do I have to apply?

How long does the process take?

My partner and I make six figures. Can we really qualify for one of these apartments?

How soon can I move in?

How do I calculate my income?

What happens if I make more money after I move in? Will my rent go up or will I have to leave my apartment?

What documents will I need if I’m selected?

Start here to Apply

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