APPLY FOR AFFORDABLE CONDOS ON 37TH STREET IN BROOKLYN

(original posted at

https://www1.nyc.gov/assets/hpd/downloads/pdf/Owners/culver-el-project-phase-1.pdf)

Applications are now available for first-time homeowners interested in buying an affordable condo on 37th Street in Brooklyn, between 12th and 13th avenues (map).

The thirty-six newly-built condos each have either three or four bedrooms. Some units have a den, and some have a balcony.

A chart here indicates--based on the number of members in a household--the minimum and maximum allowable annual income range, the estimated prices of the units, and the estimated monthly housing expenses.

Download the application in English, Spanish, Russian, Chinese, Arabic, Haitian, and Korean here. Or get an application in the mail by writing to SBCO c/o Culver Housing Developments, LLC, 4006 18th Avenue, Brooklyn, NY 11218 and including a self-addressed envelope.

Applications have to be postmarked by Tuesday, September 25, 2018, in order to be entered in the housing lottery.

Neither an application fee nor a broker's fee is being charged.

Free informational sessions about purchasing a condo will be held in Brooklyn on Tuesday, August 28th, at 7:00 p.m. at West End Gardens Community Center, 1002 44th Street, near 10th Avenue, and on Tuesday, September 11th, at 7:00 p.m. at Trinity Lutheran Center, 411 46th Street, near 4th Avenue.

This offer marks the end of Phase 1 of the Culver Affordable Housing Project. Thirty-two more condos will be built on 37th Street, between 13th and 14th avenues, during Phase 2. In total, seventeen four-story buildings will contain a total of sixty-eight condos, one on each floor.

Condo owners are required to live in the condo they purchase, and the condo must be their primary residence.

Eligibility is based on income as well as other criteria. New York City residents get preference.

A percentage of units is set aside for people with disabilities (5% for mobility, 2% for vision/hearing), residents of Brooklyn Community Boards 7, 12, and 14 (50%), and municipal employees (5%).

More information is available at www.sbcony.org/culver.
 

The F and G subway station at Church Avenue (map) and the B35 and B16 buses are nearby.

These buildings are being constructed through the New Foundations Project of the New York City Department of Housing Preservation and Development.

AFFORDABLE HOUSING WORKSHOP FOR FIRST-TIME HOME BUYERS INTERESTED IN THE CULVER EL CONDOS (FREE)

Home Buyers Workshop

Tuesday, October 24th , 7:00 p.m.  to 9:00 p.m.

First-time home buyers are invited to attend the first in a series of free educational workshops about purchasing a condo in the Culver El Project, an affordable housing complex.

Southern Brooklyn Community Organization (a division of Agudath Israel of America Community Services, Inc.), Culver Housing Developments LLC, and HSBC Bank will present the workshop.

The workshop will be held on Tuesday, October 24th, from 7:00 p.m. to 9:00 p.m. Doors will open at 6:40 p.m. New York City Councilmember Brad Lander will deliver the opening remarks.
 
When Phase One of the Culver El Project is completed, thirty-six condominium units will be housed in nine four-story buildings, with one condo on each floor. These buildings are currently under construction on 37th Street, between 12th and 13th avenues, with a projected completion date of this December.

Eight more four-story buildings will be built on 37th Street, between 13th and 14th avenues, housing thirty-two more condos.

Read more questions and answers like the following ones at http://homeprogram.org/culver-housing-project:

"Q. How much do I need to earn to be eligible for these units?
A. At least one third of the units in the project must be affordable to households earning up to 80% of area median income (AMI). Additional tiers of affordability are for households earning between 80% and 110% of AMI."

"Q. Are there any preferences as to who will receive these units?
A. The project gives preference on some of the units to those with disabilities and to those currently residing in local neighboring Community Boards." 

For more information, call Southern Brooklyn Community Organization at (718) 435-1300.

Workshop location
West End Gardens Community Room
1002 44th Street
Borough Park, Brooklyn

West End Gardens is near the corner of 10th Avenue. Enter the building on 10th Avenue, between 44th and 45th streets (map).