The Upper West Side development is accepting applications through NYC Housing Connect.
The newly renovated Park 79 will provide seniors with a home in a walkable, vibrant neighborhood, steps away from Central Park and cultural institutions including the Museum of Natural History.
Fairstead, the New York City Department of Housing Preservation & Development (HPD), and Project FIND have launched a lottery for a new fully affordable senior housing development on the Upper West Side. Park 79’s housing lottery on the City’s NYC Housing Connect website is now open and will run through August 5, 2022.
Through HPD’s Senior Affordable Rental Apartments (SARA) program, the 100% affordable housing development will provide residences to seniors earning at or below 50% area median income (AMI). All of the homes will be supported by a project-based Section 8 contract, under which residents pay only 30% of their income in rent. The maximum yearly income to live at Park 79 is no more than $53,400. It’s a great opportunity for seniors to age in place in an affordable home, and in a community they love. The building is expected to be completed this summer.
Council Member Gale A. Brewer (D-06) said of the project: “I commend Fairstead, Project FIND, and the Department of Housing Preservation and Development for bringing this important project to life. As rates of seniors experiencing homelessness and housing instability increase, we must do everything in our power to develop deeply affordable housing, I was proud to support this project as Manhattan Borough President by successfully advocating for a variety of public funding sources. I look forward to welcoming seniors into the newly renovated building.”
The newly renovated building includes 77 studio units, indoor and outdoor common areas, as well as space for Project FIND, which will be staffed by social workers and provide on-site services to residents. Residents will also have access to programming at Project FIND’s Hamilton Senior Center on West 73rd Street. All the apartments are electric-powered. More information about the property can be found at www.park79apts.com.
“Project FIND is thrilled to partner with Fairstead and serve as the nonprofit owner and service provider of Park 79,” said Project FIND Associate Executive Director Mark Jennings. “The launch of the housing lottery brings us one step closer to reaching our goal of providing additional affordable housing opportunities to our deserving older adults. For more than 50 years, Project FIND has assisted thousands of the areas low and moderate income and formerly homeless individuals with a variety of impressive programs so they may live independently. Our dedicated, professional team is poised to assist Park 79 residents so they may age in place, develop new friendships and enjoy the activities and beauty of the Upper West Side.”
Seniors can apply for apartments at Park 79 on the Housing Connect website or request a paper application by sending a self-addressed envelope to: Fairstead Management c/o: Park 79, 560 Lenox Avenue, New York, NY 10037. Those in need of application assistance can work with HPD’s Housing Ambassadors, community-based service providers in New York City who help people prepare and apply for Housing Connect affordable housing lotteries.