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Fifteen newly built homes: seven one-family homes and eight two-family homes. In a two-family home, the buyer has the option of living in one unit, and may rent the second apartment to a tenant, which can help offset monthly housing costs.
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The homes are located in Midland Beach and South Beach on Staten Island. Location details for specific homes will be provided through the official application and buyer-selection process.
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One-family homes
2 homes with 1 bedroom: $293,111–$303,649; 100% AMI.
3 homes with 3 bedrooms: $426,658–$430,854; 100% AMI.
2 homes with 3 bedrooms: $357,552–$358,698; 90% AMI.
Two-family homes
1 home with a 1-bedroom owner unit and 1-bedroom rental unit: $355,136; 100% AMI.
1 home with a 2-bedroom owner unit and 2-bedroom rental unit: $436,055; 100% AMI.
3 homes with a 2-bedroom owner unit and 2-bedroom rental unit: $359,782–$389,049; 90% AMI.
3 homes with a 3-bedroom owner unit and 3-bedroom rental unit: $454,401–$465,815; 90% AMI.
AMI means Area Median Income. Estimated prices and unit designations are subject to HPD approval and may change.
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The City and State have invested public funds in each home, reducing the price paid by the buyer. In exchange, the home remains subject to affordability and occupancy rules for 20 years.
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Yes. No one in your household may own, or have previously owned or purchased, an interest in a home or other residential property, including co-op shares.
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The estimated minimum down payment is 5% of the purchase price.
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You will need a mortgage from a bank or other approved lender, and the loan must meet program requirements. A list of lenders familiar with the program will be shared. Early pre-qualification can help you understand what you may be able to afford.
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Apply online through NYC Housing Connect at housingconnect.nyc.gov/PublicWeb/. The official advertisement will provide the application deadline and all final eligibility information. Project updates will also be posted at resilienthomesny.org.
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No. There is no fee to apply and no broker fee. Never pay anyone to submit an application or improve your lottery chances.
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No. Submit only one application per household.
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Yes. Free sessions will explain eligibility, financing, two-family homeownership and the application process. Attendance does not affect lottery position. Dates will be posted when available.