La Olazul, 1940 Jerome Avenue, Mount Hope: 37 Affordable Apartments on Housing Connect From $1,274 a Month

Published October 23, 202623 min readBy VoucherMatch Editorial Team

Quick answerLa Olazul is a new 13-story building at 1940 Jerome Avenue in Mount Hope, the Bronx. It has 115 apartments, and most are supportive housing. NYC Housing Connect advertised 37 of them at $1,274 to $1,907 a month, at 60% AMI. Applications were due May 8, 2026. As of October 21, 2026, no newer listing is open. Every lottery rent is under the 2026 CityFHEPS limit.

Last checked: October 21, 2026, against the Housing Connect listing for lottery 7220, its rent table and the site's open-lottery search, the Housing Connect FAQ, CityFHEPS form DSS-8r, Department of Buildings job X00787559 and demolition job X00862805, the certificate of occupancy records, HPD's production data (project 73353), the City's lottery data, PLUTO, ACRIS records for Bronx block 2853, HPD's pages on supportive housing and the Inclusionary Housing Program, HRA's page on accessing supportive housing, HPD's applying guide, Westhab's financing announcement, STAT Architecture's project page, reports by New York YIMBY (2026 and 2022) and the Bronx Times, and the MTA's station data. How VoucherMatch reports these guides and corrects errors: how we report.

La Olazul in numbers

37apartments in the Housing Connect lottery
$1,274the lowest monthly rent, for a studio
$1,907the highest monthly rent, for a two-bedroom
115apartments in the building, in the permit and HPD's data
13stories, in the permit and PLUTO
May 8, 2026the application deadline

Source: Housing Connect listing for lottery 7220, read October 21, 2026; Department of Buildings job X00787559; HPD project 73353; PLUTO.

Words used in this report

Area median income (AMI)The middle income for the area, adjusted for household size. A lottery apartment "at 60% AMI" is for households earning up to about 60% of it. The agency's income chart turns each level into dollar limits.
Minimum incomeThe lowest yearly income the listing accepts for an apartment, so the rent is not too large a share of income. Housing Connect does not apply it to households with a voucher or rental subsidy.
Lottery (NYC Housing Connect)Every complete application gets a random log number. The marketing agent works through applications in log-number order within each preference group, so applying early does not help.
Housing Choice Voucher (Section 8)Rental help run by a housing authority. You find a home, and the agency checks the unit, rent and your household before it approves payment.
CityFHEPS (New York City)The City Fighting Homelessness and Eviction Prevention Supplement: a City-funded rent supplement that the Department of Social Services (DSS) pays straight to the landlord.
Payment standard (the CityFHEPS maximum in this report)An amount the agency uses to work out housing assistance for a unit size and area. It does not mean that any home at that rent will be approved.
Utility allowanceThe agency's estimate of the cost of utilities you must pay. It is not a promise to pay your actual bills.
FMR and SAFMRHUD rent estimates for an area (Fair Market Rent) or ZIP code (Small Area Fair Market Rent). They include rent and most tenant-paid utilities. Your agency may use a different payment standard.
Certificate of occupancyThe Department of Buildings' sign-off that a building, or part of it, can be lived in.

Rendering of a 13-story building faced in gray brick flecked with blue, with rows of dark-framed windows, a two-story base of deep blue brick topped by a planted terrace, and plants along the roof edge, seen from above beside a train on raised tracks, with low rooftops, trees and apartment buildings behind under a pale blue sky — Rendering of La Olazul at 1940 Jerome Avenue by STAT Architecture, from its project page. Westhab's announcement uses the same rendering, and the Housing Connect listing shows a crop of it. Shown whole on a plain background. Photo: STAT Architecture PC (rendering), architect's project rendering, via STAT Architecture, La Olazul project page (reduced from 2500 x 2512 to 896 x 900 (0.36 times), no crop, centered on a plain light gray 1600 x 900 background).

What Is Being Built at La Olazul, 1940 Jerome Avenue

La Olazul is a 13-story building with 115 apartments and ground-floor commercial space. It replaces a one-story structure that was torn down in 2024, per the demolition permit.

Names: Housing Connect, Westhab and STAT Architecture call it "La Olazul". HPD's data calls the project "WESTHAB. 1940 JEROME AVE".
Addresses: the listing, HPD and the permit use 1940 Jerome Avenue. The 2024 deed and loans use 1940-1942 Jerome Avenue. A 2022 zoning lot record joins lots 12 and 15, at 1940 and 1942 Jerome Avenue.
Permit: new building job X00787559 lists 13 stories, 135 feet, 115 dwelling units and 99,612 square feet. It was filed August 22, 2022, and approved December 15, 2023.
What the permit says: "THIS PROJECT IS MANDATORY INCLUSIONARY, 100% LOW INCOME HOUSING, AND QUALITY HOUSING."
Owner: ACRIS records a March 27, 2024 deed to Jerome Westhab Housing Development Fund Corp and 1940 Jerome Ave Holdings LLC. Later permits name 1940 Jerome Ave Holdings LLC as owner.
Developers and builders: Westhab says "The project is a collaboration between Westhab and Vaya." It says STAT Architecture PC designed it and "the Vorea Companies and Monadnock Construction" are building it.
Design: Westhab says the building "is designed to meet Passive House standards".

Line drawing of a three-dimensional city model in white blocks, with a detailed 13-story building near the center beside a long curved street, surrounded by plain boxes standing for the nearby buildings, and a small navigation cube in the top right corner — A three-dimensional model view of La Olazul among plain blocks for the buildings around it, from STAT Architecture's project page, where the file is named for Vaya Development. Shown at its own size on a plain background. Photo: STAT Architecture PC (model view), architect's project drawing, via STAT Architecture, La Olazul project page (shown at native 1485 x 897 (not enlarged), no crop, centered on a plain light gray 1600 x 900 background).

Supportive housing at La Olazul, in its sources' words

The shareWesthab says "The development will reserve 60% of the apartments for formerly homeless residents receiving supportive services and the balance for low-income individuals and families."
ServicesWesthab says the building "will include onsite wraparound services for residents provided by Westhab".
HPD's count77 of the 115 apartments at extremely low income, 37 at low income and 1 "other". The 37 match the lottery.
The programHPD says buildings in its Supportive Housing Loan Program "must provide 60% of units for homeless, disabled individuals or homeless families with a disabled head-of-household."
The listing's label"Supportive Housing with Inclusionary Housing HCR/PBVs". The lottery covered only the 37 low-income apartments.

What it means: no page opened names which agency refers tenants to the supportive apartments, or explains "PBVs" here.

Source: Westhab, April 24, 2024; HPD project 73353; HPD's supportive housing page; Housing Connect listing.

The Housing Connect lottery covered only 37 apartments. No page opened says how the others are filled. HRA's page describes the City's general route for supportive housing. "All prospective tenants must work with a pre-approved social service or health provider to complete and submit an HRA 2010e application." After approval, HRA says, "your application packet will be submitted to housing providers by designated placement agencies."

1940 Jerome Avenue, from purchase to lottery

December 30, 2021Jerome Avenue SM Realty LLC and SRC Property Acquisitions LLC buy the site for $5,450,000, per ACRIS.
August 22, 2022the new building job is filed with the Department of Buildings.
December 15, 2023the new building job is approved.
March 27, 2024the lots are deeded to Jerome Westhab Housing Development Fund Corp and 1940 Jerome Ave Holdings LLC, and the loans are signed.
April 24, 2024Westhab announces that financing has closed.
July 31, 2024demolition of the old one-story structure is signed off.
January 3, 2025the first permit date on the main new building filing.
March 9, 2026the Housing Connect lottery opens, per the City's lottery data.
May 8, 2026applications are due.

What it means: no certificate of occupancy for the building was in the City's certificate data on October 21, 2026. Westhab wrote in 2024 that the project "is expected to complete construction in 2026."

Source: ACRIS; Department of Buildings jobs X00787559 and X00862805; Westhab; the City's lottery data.

Where the sources differ on the building

Apartments115 in the permit, HPD's data and Westhab. STAT's page says "Thirteen-Story 114 unit". YIMBY reported 114 in 2022.
Floor area99,612 square feet in the permit. YIMBY reported 77,854 square feet in 2022.
Commercial spaceWesthab says 8,500 square feet. YIMBY reported 8,148 square feet in 2022.
NeighborhoodWesthab, YIMBY and the permit's neighborhood field say Mount Hope. The listing says "the Jerome Avenue Corridor between East Tremont Avenue and East 177th Street".

What it means: no page opened explains the gaps in apartments, floor area or commercial space.

Source: the filings, pages and articles named.

A separate lottery nearby: 1985 Jerome Avenue

What it is1985 Jerome Avenue Apartments, Housing Connect lottery 7405, with 28 apartments at 40%, 60% and 80% AMI, due May 18, 2026.
Why it is separatea different block (2863), owner, architect, marketing address and program. The two listings' map points are about 0.13 miles apart, by VoucherMatch's measurement.

What it means: 1985 Jerome Avenue is its own building and its own lottery, not a second phase of La Olazul.

Source: Housing Connect listing for lottery 7405; Department of Buildings and ACRIS records for Bronx block 2863, lot 50; PLUTO; HPD's data.

The Programs the Listing Names

The listing says the building "is being constructed through the Affordable Housing Revenue Bond Program of the New York State Housing Finance Agency and the Supportive Housing Loan Program of the New York City Department of Housing Preservation and Development, Mandatory Inclusionary Housing with additional financing from state and local sources and tax credit equity."

Mandatory Inclusionary Housing in HPD's words

What it requires"Mandatory Inclusionary Housing, enacted on March 22, 2016, requires a share of new housing in medium- and high-density areas that are rezoned to promote new housing production".
How longthat share must be "permanently affordable", HPD says.
What no record sayswhich Mandatory Inclusionary Housing option the building uses.

What it means: the listing names three programs. No page opened explains how they divide the 115 apartments.

Source: Housing Connect listing; HPD's Inclusionary Housing Program page.

Where La Olazul Is: Mount Hope, the Bronx, ZIP 10453

The building is on Jerome Avenue between East Tremont Avenue and East 177th Street, in ZIP code 10453. It is in Bronx Community District 5 and City Council District 14.

The location in the records

The lotBronx block 2853, lot 12. PLUTO lists a 10,852-square-foot lot in a C4-4D zoning district.
ZIP code 10453the listing, the permit, HPD's data and PLUTO.
DistrictHPD's data and the permit list Bronx Community Board 5 and Council District 14.
Nearby, per the listingMount Hope Garden, Richman (Echo) Park, Roberto Clemente State Park and P.S. 226.

What it means: VoucherMatch files the building under Mount Hope, the word in the permit and Westhab's announcement.

Source: the records named.

Photograph of a raised subway station in winter, with snow on the platform roofs and tracks, a train pulling away on the far track, a sign reading 176 Street, and tall brick apartment buildings with fire escapes along the right — The 176 Street station on the 4 train in January 2009, about 0.2 miles in a straight line from La Olazul. Photo: Daniel Case, CC BY-SA 3.0, via Wikimedia Commons (cropped). Photo: Daniel Case, CC BY-SA 3.0, via Wikimedia Commons (cropped to 16:9 (1942 x 1092) and reduced to 1600 x 900).

Subway stations nearest La Olazul
Station	Lines	Distance	Step-free access
176 St	4	about 0.2 miles	No
Burnside Av	4	about 0.2 miles	No
Tremont Av	B, D	about 0.2 miles	Yes
174-175 Sts	B, D	about 0.3 miles	No
Mt Eden Av	4	about 0.5 miles	No
182-183 Sts	B, D	about 0.6 miles	No

Showing the first 4 of 6 rows. View allCollapse table

What it means: the listing also names 207th St on the 1, about 1.1 miles away, and a train station it calls Tremont, about 0.6 miles away.

Source: the MTA's station data; straight-line distances by VoucherMatch from the listing's map point, so the walk is longer.

Along the lines: see voucher apartments near the 4 train and the D train.

Photograph from a raised subway platform of a rust-brown steel track structure with green railings and graffiti, an old brick building with arched windows and a copper-domed corner tower, and taller apartment buildings and a busy avenue in the distance under a blue sky — The view from the Burnside Av station on the 4 train in April 2025, about 0.2 miles in a straight line from La Olazul. Photo: Paul Lowry, CC BY 2.0, via Wikimedia Commons (cropped). Photo: Paul Lowry, CC BY 2.0, via Wikimedia Commons (cropped to 16:9 (4080 x 2295, lower part kept) and reduced to 1600 x 900).

37 Lottery Apartments at 60% AMI

Every lottery apartment was set at 60% AMI. Most, 29 of 37, were studios at $1,274 a month.

The 37 Housing Connect apartments at La Olazul, by size (count)

Studio, 60% AMI

One-bedroom, 60% AMI

Two-bedroom, 60% AMI

View the data table

Apartment	Apartments
Studio, 60% AMI	29
One-bedroom, 60% AMI	6
Two-bedroom, 60% AMI	2

What it means: the City's lottery data counts 37 low-income apartments, which matches these rows.

Source: Housing Connect listing for lottery 7220, read October 21, 2026.

HPD's data counts all 115 apartments: 94 studios, 10 one-bedrooms and 11 two-bedrooms.

Rents and Income Ranges in the Housing Connect Listing for 1940 Jerome Avenue

Rents run from $1,274 to $1,907 a month. One to five people could apply, earning $47,486 to $109,920 a year, depending on the apartment.

Rents and income ranges at La Olazul, by apartment type
Apartment	Rent	Household	Yearly income
Studio, 60% AMI	$1,274	1 to 2 people	$47,486 to $81,420
One-bedroom, 60% AMI	$1,604	1 to 3 people	$59,315 to $91,620
Two-bedroom, 60% AMI	$1,907	2 to 5 people	$71,109 to $109,920

What it means: each row has one minimum income for every household size. The top of each range is the largest household's limit.

Source: Housing Connect listing for lottery 7220, read October 21, 2026.

Maximum yearly income by household size at La Olazul, 60% AMI
Household	Maximum income	Apartments open to it
1 person	$71,280	Studio, one-bedroom
2 people	$81,420	All three sizes
3 people	$91,620	One-bedroom, two-bedroom
4 people	$101,760	Two-bedroom
5 people	$109,920	Two-bedroom

What it means: the limit is the same for a household of one size in every apartment type.

Source: Housing Connect listing.

The gaps a household could fall into

Under $47,486below every minimum, unless the household has a voucher or rental subsidy.
One person, $47,486 to $59,314only the studios fit.
Two people, $47,486 to $59,314only the studios fit. From $71,109 to $81,420, all three sizes fit.
Three people under $59,315no apartment fits.
Six or more peopleno apartment. The two-bedrooms stop at five.
Asset limit$101,760 for every apartment type.

What it means: the FAQ sets the asset limit at "the maximum income limit for a four (4)-person household" at that AMI level.

Source: Housing Connect listing and rent table; gaps by VoucherMatch from the listing's own ranges.

Watch outthe press printed other figures. The Bronx Times, on March 11, 2026, gave lower maximums ($77,760, $87,480 and $105,000), a $97,200 asset limit and "Up to two people" for a one-bedroom. YIMBY wrote that the 37 were at 60% AMI, then listed them "At 130 percent of the AMI" at $1,590, $1,695 and $2,017. The listing shows the figures above on October 21, 2026. Ask the hotline if in doubt.

Which Rents a CityFHEPS or Section 8 Voucher Reaches

All three rents are under the 2026 CityFHEPS maximums, so a voucher reaches all 37 apartments. The $1,907 two-bedroom is $1,090 under the $2,997 maximum.

This was a city lottery on NYC Housing Connect. The Housing Connect FAQ says: "Minimum income requirements do not apply if you have a voucher or a rental subsidy. However, rent should be within maximum limits allowed by your voucher or rental assistance program."

Monthly rent at La Olazul against the 2026 CityFHEPS maximum, in dollars

Lowest rentHighest rent2026 maximum

Studio

$1,274

$2,604

One-bedroom

$1,604

$2,734

Two-bedroom

$1,907

$2,997

View the data table

Apartment	Lowest rent	Highest rent	2026 maximum
Studio	$1,274	$1,274	$2,604
One-bedroom	$1,604	$1,604	$2,734
Two-bedroom	$1,907	$1,907	$2,997

What it means: the studio rent is $1,330 under the maximum, by VoucherMatch's arithmetic.

Source: rents from the Housing Connect listing; maximums from DSS-8r, effective April 1, 2026, which gives maximums "if all utilities are included in the lease".

Apartment	Rent	Plus electricity	2026 maximum
Studio	$1,274	$1,385	$2,604
One-bedroom	$1,604	$1,730	$2,734
Two-bedroom	$1,907	$2,074	$2,997

What it means: the listing says "Residents will be responsible for electricity, including air conditioning and stove. Heat and hot water are included with the rent." So only that electric line is added. DSS decides which allowance applies.

Source: DSS-8r's 2026 "Electric with Cooking Range" line: $111 for a studio, $126 for a one-bedroom and $167 for a two-bedroom.

Section 8: NYCHA and HPD set their own limits. See the New York City Housing Authority page, Section 8 payment standards in NYC for 2026, Section 8 utility allowances in NYC and CityFHEPS vs Section 8.

How the Rents Compare With HUD's Figures for ZIP Code 10453

Every lottery rent is below HUD's fiscal year 2027 figure for ZIP code 10453. The top rent, $1,907, is $713 below the $2,620 two-bedroom figure.

Monthly rent at La Olazul against HUD's fiscal year 2027 fair market rent for ZIP code 10453, in dollars

Lowest rentHighest rentHUD figure, ZIP 10453

Studio

$1,274

$2,280

One-bedroom

$1,604

$2,390

Two-bedroom

$1,907

$2,620

View the data table

Apartment	Lowest rent	Highest rent	HUD figure, ZIP 10453
Studio	$1,274	$1,274	$2,280
One-bedroom	$1,604	$1,604	$2,390
Two-bedroom	$1,907	$1,907	$2,620

What it means: the studio rent is $1,006 below HUD's figure, by VoucherMatch's arithmetic. HUD's figure includes most utilities, and tenants here pay electricity.

Source: rents from the Housing Connect listing; HUD's Small Area Fair Market Rents for fiscal year 2027, in effect since October 1, 2026.

Apartments in this ZIP code: see voucher apartments in ZIP 10453, Section 8 apartments in nearby Tremont and Section 8 studios in the Bronx.

How La Olazul Was Financed

Property records show six mortgages signed on March 27, 2024, the day the lots were deeded. Westhab calls it an "$81 million project".

Mortgages recorded on Bronx block 2853, lot 12, March 27, 2024
Lender	Documents	Total
New York State Housing Finance Agency	2 mortgages	$54,130,331
City of New York	1 mortgage	$11,500,000
Westhab, Inc.	3 mortgages	$2,701,141

What it means: the six come to $68,331,472. The deed price was $7,422,118.

Source: ACRIS, Bronx block 2853, lot 12, recorded April 10, 2024; totals by VoucherMatch's addition.

Westhab's list: "tax-exempt bond financing, tax credit equity provided by Enterprise Community Partners, and public subsidies" from HFA, New York State Homes and Community Renewal and HPD's Supportive Housing Loan Program.
Not in the mortgages: the tax credit equity on Westhab's list is not among the recorded mortgages.

Preferences, Building Features and Fees at La Olazul

The listing set aside apartments for people with disabilities and gave preference to Bronx Community Board 5 residents and to City workers and veterans. Tenants pay electricity.

Preferences in the listing

Mobility disability5% of apartments.
Vision or hearing disability2%.
"Community Board Resident (Bronx CB 05)"20%.
"Municipal Employee/ Military Veteran"10%.

What it means: the FAQ says the community preference covers "current residents of the Community District or Community Board (CB) in which the property is located".

Source: Housing Connect listing for lottery 7220; the City's lottery data.

What the building has: listed and not stated

Listedlaundry service, community center, gym, bike storage lockers, rooftop terrace, outdoor terrace, security cameras, intercom, elevator, accessible entrance, and a smoke-free building.
Utilitiestenants pay electricity, "including air conditioning and stove". Heat and hot water are included.
Pets"Pets are prohibited, except for service animals."
Fees to applythe listing's field for deposits or application fees is set to no.
Not statedapartment sizes, bathrooms and any amenity fees.

What it means: no amenity in the list is marked as extra cost.

Source: Housing Connect listing.

Watch out, October 21, 2026VoucherMatch left out two other renderings on STAT's page. An aerial view shows a tan facade with a blue roof, unlike the gray and blue brick in the listing's image. A rear-yard view shows a different wall finish. The only listing photo is a crop of the rendering at the top.

What Happens After the Housing Connect Lottery and Where Openings Are Posted

Applications for the 37 apartments were due May 8, 2026. On the City's lottery data, last updated October 5, 2026, the lottery's status is "Tenant Selection".

How the 37 apartments are filled

1Log numbers"Within a few weeks after the lottery application deadline, Housing Connect randomly assigns log numbers".
2Review"The developer reviews them in log number order (starting with those who meet preference categories) and contacts applicants."
3TimingHPD's guide says "You may hear about the status of your application within two to twelve months after the deadline."
4No replythe guide adds that "you may not be contacted, even if you could have qualified."

What it means: the lottery data does not say how many apartments are leased.

Source: step one from the Housing Connect FAQ; steps two to four from HPD's applying guide.

Photograph of an underground subway platform with black steel columns, yellow platform edges, a silver train with closed doors at right, signs reading Tremont Avenue on the columns, and one person walking away toward a staircase in the distance — The Tremont Av station on the B and D trains in April 2025, about 0.2 miles in a straight line from La Olazul and the only one of the six nearest stations the MTA lists as step-free. Photo: Adam Moss, CC BY-SA 2.0, via Wikimedia Commons (cropped). Photo: Adam Moss, CC BY-SA 2.0, via Wikimedia Commons (cropped to 16:9 (4608 x 2592) and reduced to 1600 x 900).

If you applied, have these ready

ID for every adult. the FAQ accepts "drivers’ licenses, non-driver state ID cards, and IDNYC cards"
Income, address and assets. "pay stubs, tax returns, proof of address, and asset documentation"
Rent history or credit. proof of 12 months of full rent payments, or a credit review
Voucher. "proof of the subsidy and the amount of rent it covers"

What it means: the request for documents lists the exact papers.

Source: Housing Connect FAQ.

Check before you payapplying through NYC Housing Connect is free. Its FAQ says "There is no fee to apply for housing using Housing Connect"; a marketing agent may charge a credit or background check fee of no more than $20 per household. No payment app, wire or gift card buys a place in a lottery, and no one should charge you to see or hold an apartment. Apply only at housingconnect.nyc.gov or by mail to the address in the official listing.

Where the next openings are posted, checked October 21, 2026

Housing Connectlottery 7220 was not in the site's open-lottery search. No newer listing for the building was found there. New lotteries are posted at housingconnect.nyc.gov.
Re-rentalsthe FAQ says vacant units "may be made available for applicants outside of Housing Connect", on HPD's and HDC's re-rental pages.
Paper routeunder "Apply by Mail", Housing Connect said "To request an application by mail, send a self-addressed envelope to:" La Olazul c/o Westhab Inc., 8 Bashford Street, Yonkers, NY 10701. The listing gives no return address or postmark rule.
PostmarkYIMBY and the Bronx Times wrote that applications had to be "postmarked or submitted online" by May 8.
Who runs the lotterythe listing does not name a marketing agent.

What it means: as of October 21, 2026, VoucherMatch found no open application or waiting list for these apartments.

Source: Housing Connect's open-lottery search; the City's lottery data; the listing.

What Is Known and Not Yet Known About La Olazul

The rents, incomes, deadline and lottery status are published. A move-in date is not.

Known and not yet known on October 21, 2026, and whom to ask

Not publisheda certificate of occupancy, a move-in date, how many apartments are leased, and whether the building keeps a waiting list.
Not statedwho refers tenants to the supportive apartments, what "PBVs" covers, apartment sizes and who runs the lottery.
Whom to askthe Housing Connect hotline, 212-863-7990, "from 9am to 5pm on weekdays", or nychousingconnect@hpd.nyc.gov.

What it means: for supportive housing, HRA's page sends people to a social service or health provider, who files the 2010e application.

Source: Housing Connect listing and FAQ; city records named above.

If You Need an Apartment Now

No waiting list is posted, so a household that needs to move has to look elsewhere.

Open in the Bronx now: Housing Connect's search listed 3180 Villa Avenue Apartments, due October 30, 2026, and One River Park at 355 Exterior Street, due November 6, 2026.

3 bedrooms apartment in Bronx — Bronx apartments on VoucherMatch that take vouchers, nearest to La Olazul first

1 bedroom apartment in Bronx — Bronx apartments on VoucherMatch that take vouchers, nearest to La Olazul first

Voucher in hand: browse Section 8 apartments in the Bronx and CityFHEPS apartments in the Bronx.
No voucher yet: read how to get a housing voucher in NYC, or see low-income apartments in New York City.

Frequently Asked Questions

Was La Olazul at 1940 Jerome Avenue on NYC Housing Connect?

Yes. La Olazul was lottery 7220 on NYC Housing Connect. It offered 37 apartments at 1940 Jerome Avenue in Mount Hope for $1,274 to $1,907 a month. Applications were due May 8, 2026. As of October 21, 2026, no newer listing for the building was open, and no waiting list was posted.

What is the rent at La Olazul?

Rents run from $1,274 to $1,907 a month. The 29 studios rent for $1,274, the six one-bedrooms for $1,604 and the two two-bedrooms for $1,907. All were at 60% AMI. Tenants pay electricity, including the stove and air conditioning. Heat and hot water are included in the rent.

How much do you have to earn for La Olazul?

It depends on the apartment. The minimums are $47,486 for a studio, $59,315 for a one-bedroom and $71,109 for a two-bedroom. The top limit is $109,920, for five people. A household with a voucher does not have to meet the minimum. The asset limit is $101,760.

Does La Olazul take Section 8 or CityFHEPS?

Housing Connect accepts both, and the minimum income does not apply to voucher holders. All three rents are under the 2026 CityFHEPS maximums, even with the electric allowance added. The $1,907 two-bedroom is $1,090 under the $2,997 maximum. Ask DSS or your housing authority before you count on it.

Is La Olazul supportive housing?

Mostly. Westhab says 60% of the apartments are for formerly homeless residents receiving supportive services. The lottery covered only 37 low-income apartments. HRA says supportive housing applicants work with a provider to submit an HRA 2010e application. The 37 lottery apartments were open to the public, at 60% AMI.

Is 1985 Jerome Avenue the same building as La Olazul?

No. 1985 Jerome Avenue Apartments was a separate Housing Connect lottery, 7405, with 28 apartments due May 18, 2026. It sits on a different block with a different owner, architect and program. La Olazul is 1940 Jerome Avenue, also recorded as 1940-1942 Jerome Avenue, on Bronx block 2853.

Are the rents at La Olazul below market?

Yes, by HUD's figure. HUD's fiscal year 2027 two-bedroom figure for ZIP code 10453 is $2,620. The highest lottery rent, $1,907, is $713 below it. The studio rent of $1,274 is $1,006 below HUD's $2,280. HUD's figures include most utilities; tenants here pay electricity.

Can I still apply to La Olazul?

No application is open as of October 21, 2026. The deadline was May 8, 2026, and lottery 7220 was not in Housing Connect's open-lottery search. No newer listing for the building was found. Watch housingconnect.nyc.gov for new lotteries, and check HPD's and HDC's re-rental pages for vacant apartments.

Sources for this article (21)

Housing Connect listing for lottery 7220 (housingconnect.nyc.gov)
Housing Connect FAQ (housingconnect.nyc.gov)
DSS-8r (nyc.gov)
certificate of occupancy records (data.cityofnewyork.us)
production data (data.cityofnewyork.us)
lottery data (data.cityofnewyork.us)
PLUTO (data.cityofnewyork.us)
supportive housing (nyc.gov)
Inclusionary Housing Program (nyc.gov)
accessing supportive housing (nyc.gov)
applying guide (nyc.gov)
Westhab's financing announcement (westhab.org)
STAT Architecture's project page (statarchitecture.com)
New York YIMBY (newyorkyimby.com)
2022 (newyorkyimby.com)
Bronx Times (bxtimes.com)
station data (data.ny.gov)
Small Area Fair Market Rents (huduser.gov)
housingconnect.nyc.gov (housingconnect.nyc.gov)
HPD's (nyc.gov)
HDC's (nychdc.com)

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