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The Louella Senior Apartments in Mount Hope: 26 Apartments at 2064 Grand Concourse on Housing Connect, Rent Set at 30% of Income

23 min readBy VoucherMatch Editorial Team
Quick answerThe Louella is a new 13-story building for older adults at 2064 Grand Concourse in Mount Hope, the Bronx. As of October 17, 2026, NYC Housing Connect lists 26 apartments there: 25 studios and one one-bedroom, all at 50% AMI. City records count 85 in the building. Applications are not open yet. The listing has no deadline. Its listed rent is $0, because each apartment has a project-based voucher. The listing says an eligible tenant "pays 30% of their income".

Last checked: October 17, 2026, against the Housing Connect listing for lottery 7678, read twice, and Housing Connect's open-lottery search; the Housing Connect FAQ; HPD's pages on SARA, the SARA term sheet, the senior housing (AIRS) term sheet, Section 8 voucher types, its project-based voucher list and re-rentals; HPD's 2023 tax credit awards; Department of Buildings job filings, BIS job 210179983 and certificates of occupancy; HPD's Affordable Housing Production by Building (project 68871); PLUTO; ACRIS for Bronx block 3156, lot 7; Community Board 5's minutes of February 24, 2021; Community Capital New York; the M&T loan announcement as printed by NYREJ and Connect CRE; the Bronx Times (2018, 2019); New York YIMBY (2019); CityFHEPS form DSS-8r; HUD's Small Area Fair Market Rents; and the MTA's station data. How VoucherMatch reports these guides and corrects errors: how we report.

The Louella in numbers
  • 26apartments listed on Housing Connect
  • 85apartments in the building, in city records
  • 30%of income, what the listing says a tenant pays
  • 62the age in the listing's preference, which covers every apartment
  • $59,400the most one person can earn
  • No deadlinenone posted as of October 17, 2026
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.
  • 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.
  • 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.
  • Marketing agentThe company the building hires to run its lottery and check applicants' papers.
  • Certificate of occupancyThe Department of Buildings' sign-off that a building, or part of it, can be lived in.
  • 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.
  • Project-based voucher (PBV)Section 8 help that belongs to one apartment. In HPD's words, "the assistance is tied to the unit."
  • SARA (Senior Affordable Rental Apartments)HPD loans for housing "for seniors, 62+ years in age, with low incomes."
  • AIRS (Affordable Independent Residences for Seniors)A zoning rule that gives a building "increased zoning allowances" for senior housing. HPD says AIRS "requires at least one member of the household be age 62 and over."
  • CityFHEPS (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.
  • 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.
Rendering of a slender 13-story apartment building in pale tan brick with rows of square windows, bronze-colored vertical accents and a darker brick top floor, between a red-brown brick apartment house on the right and a paler one on the left, with street trees and a few people on the sidewalk under a blue sky
Rendering of The Louella at 2064 Grand Concourse, the first image on the Housing Connect listing for lottery 7678. The rendering carries the mark of GF55, the architect named in 2019 reports. Photo: GF55 Partners (rendering on the NYC Housing Connect listing for lottery 7678), lottery listing rendering, via NYC Housing Connect, The Louella Senior Apartments (lottery 7678) (cropped to the rendered area, reduced, set on a plain background).

What Is Being Built at 2064 Grand Concourse

The Louella is a 13-story building with 85 apartments for older adults, on the lot where the First Union Baptist Church stood.

  • Permit: Department of Buildings job 210179983 is a new building of 13 stories, 132 feet and 85 apartments. It was filed on July 25, 2019, approved on September 28, 2023 and fully permitted on January 17, 2025.
  • Owner: the permit names The Community Builders, Inc., a nonprofit. On June 27, 2024, the lot was deeded to 2064 Grand Concourse Housing Development Fund Corp and TCB 2064 Grand Concourse Limited Partnership.
  • Developers: HPD's data calls the project "THOROBIRD-TCB. 2064 GRAND CONCOURSE. THE LOUELLA". Community Capital New York (CCNY) wrote in 2022 that The Community Builders (TCB) "is partnering with Thorobird Companies".
  • Architect: New York YIMBY and the Bronx Times named GF55 Partners in 2019. The listing's rendering carries the GF55 mark.
  • Programs: the listing says "LIHTC 9% | SARA | PBV | AIRS | HOME". HPD's 2023 tax credit list reserved $1,832,000 in credits for The Louella. It counts 84 of the 85 apartments as tax credit units.
  • Church space: CCNY quoted the plan: "The Church will occupy space on the ground floor and cellar of the building". It names "a food pantry" and "weekly church services".
  • Status: the permit for the building's structural work was signed off on September 15, 2026. City data showed no certificate of occupancy on October 17, 2026.
Rendering of the lower floors of a pale tan brick building with tall ground-floor windows, a metal canopy over a glass door at the left beside the numbers 64, and a second canopy at the right over a patterned metal door with partly hidden lettering ending in FACILITY, with people walking, a stroller, children and a cyclist on the sidewalk
The ground floor in the listing's rendering of The Louella. The canopy at right reads "...MUNITY FACILITY"; CCNY wrote in 2022 that the church will use ground-floor and cellar space. Photo: GF55 Partners (rendering on the NYC Housing Connect listing for lottery 7678), lottery listing rendering, via NYC Housing Connect, The Louella Senior Apartments (lottery 7678) (cropped to the lower part of the rendering, enlarged 1.34 times).
Watch outone building, several names. Housing Connect says The Louella Senior Apartments. HPD, the lenders and CCNY say The Louella. Community Board 5's minutes say the Louella Project. CCNY wrote that the name honors Louella Hatch, "a Bronx resident who dedicated her life to serving her community".
The Louella, from church sale to Housing Connect
  • December 20, 2018the church sells the lot for $2,725,000, in property records.
  • July 25, 2019the new building application is filed.
  • February 24, 2021Community Board 5 votes 20 to 0 for a letter of support.
  • September 14, 2022CCNY announces a $600,000 loan for the planning stage.
  • September 28, 2023the building plans are approved.
  • June 27, 2024the lot is deeded to the owners. HPD lists this as the start date.
  • December 18, 2024the demolition of the old one-story church building is signed off.
  • January 17, 2025the new building is fully permitted.
  • September 15, 2026the structural work is signed off.
  • October 17, 2026Housing Connect lists 26 apartments with no deadline.

What it means: the listing was read 842 days after the June 27, 2024 deed, and more than seven years after the first filing, by VoucherMatch's count.

Source: ACRIS, Bronx block 3156, lot 7; Department of Buildings job 210179983 and DOB NOW jobs X00966852-I1 and X00634554-I1; Community Board 5's minutes; CCNY; HPD project 68871; Housing Connect.

Where the sources disagree on size and age
  • Apartments85 in the permit, HPD's data, the City's PLUTO data and the 2024 loan news. A 2021 structural permit says 91, and so did the developers at the 2021 board meeting. CCNY's 2022 count also adds up to 91: 75 studios, 15 one-bedrooms and a superintendent's two-bedroom. In 2019 the Bronx Times reported "98 units, plus a unit for the building's superintendent".
  • Stories13 in the permit and PLUTO. The 2021 structural permit and board minutes say 14. Both 2019 news reports say 17.
  • Height132 feet in the permit. New York YIMBY reported "163-foot-tall" for the 2019 plan.
  • Agethe listing's preference is "Preference-Age (62+)". CCNY wrote in 2022 that "All residents will be 55 or older". HPD's SARA term sheet lets units for formerly homeless seniors use an age limit of 55 and over.

85 Apartments in the Building, 26 on Housing Connect

Housing Connect lists 26 of the building's 85 apartments, and no document opened says how the other 59 will be filled.

Apartments at The Louella by size: the 85 in HPD's data against the 26 on Housing Connect
HPD's dataHousing Connect listing
View the data table
Apartment sizeHPD's dataHousing Connect listing
Studio7625
1 bedroom81
2 bedrooms10

What it means: 51 studios, seven one-bedrooms and the two-bedroom are outside the listing, by VoucherMatch's subtraction. The listing is 31% of the building.

Source: HPD Affordable Housing Production by Building, project 68871; Housing Connect listing for lottery 7678.

What the records say about the other 59 apartments
  • Income levelsHPD's data counts 32 apartments for extremely low incomes (0 to 30% AMI), 52 for very low incomes (31 to 50%) and one for a superintendent. All 26 listed apartments are at 50% AMI.
  • HPD's ruleits SARA page says SARA projects "must also set aside 30% of units for homeless seniors referred by a City or State agency."
  • The developers in 2021the board minutes record that "there would be 30% set aside for homeless seniors."
  • CCNY in 2022"35% of the units will be reserved for seniors who currently reside in homeless shelters."
  • The listingit names no set-aside for homeless seniors.

Where 2064 Grand Concourse Is

The building is on the Grand Concourse between East Burnside Avenue and East 180th Street, in ZIP code 10457 and Bronx Community Board 5.

The location in the records
  • NeighborhoodDepartment of Buildings and HPD records place the lot in Mount Hope, and CCNY wrote "Mt. Hope". The 2024 loan news says "Fordham Heights". New York YIMBY's 2019 report says Tremont. Community Board 5 serves "Fordham, Morris Heights, Mount Hope, University Heights".
  • ZIP code and districts10457 in the listing and in city records. City records give Community Board 5 and City Council District 15. The lot is Bronx block 3156, lot 7.
  • Lot size6,854 square feet in PLUTO and in the Bronx Times.
Photograph looking down a busy street lined with brick and stone apartment buildings and shops toward a raised subway station with a train standing in it, with billboards, traffic lights, a city bus, a yellow school bus and cars on a cloudy day
East Burnside Avenue looking west from the Grand Concourse in March 2010, with the Burnside Avenue station of the 4 train in the distance. The lot at 2064 Grand Concourse is on the Grand Concourse between East Burnside Avenue and East 180th Street; the photograph predates the building. Photo: Jim.henderson, CC0 1.0, via Wikimedia Commons (cropped to the upper part of the frame, reduced).

Rent and Income Limits at The Louella on Housing Connect

The listing shows a rent of $0 for all 26 apartments, and its rent table says "Eligible tenant pays 30% of their income."

ApartmentsIncome levelListed rentWhat the tenant paysPeopleYearly income
25 studios50% AMI$030% of income1 to 2$0 to $67,850
1 one-bedroom50% AMI$030% of income1 to 3$0 to $76,350

What it means: there is no dollar rent to compare. What a tenant pays depends on the household's income.

Source: Housing Connect listing for lottery 7678 and its rent table, read October 17, 2026; the description says the 26 are "to be marketed on hc2", and the table marks both types as project-based voucher units.

Maximum yearly income at The Louella by household size, 50% AMI, in dollars
View the data table
Household sizeMaximum yearly income
1 person$59,400
2 people$67,850
3 people$76,350

What it means: yearly household income before taxes has to be at or under the figure for the household's size. The three-person limit applies only to the one-bedroom.

Source: the same listing.

Where a household can fall outside the listing
  • Low incomeno income is too low, because the minimum is $0 for every apartment.
  • One person over $59,400, or two people over $67,850over the limit for every apartment.
  • Three peopleonly the one-bedroom allows three, and there is one. The limit is $76,350.
  • Four or more peopleno apartment in the listing allows a household that large.
  • Assetsthe rent table sets an asset limit of $84,800 for both apartment types.
  • Agethe age preference covers 100% of the apartments, with a minimum age of 62.

How Rent Works With The Louella's Project-Based Vouchers

Each listed apartment has a project-based voucher, so the tenant pays a share of income and the voucher stays with the apartment.

HPD says project-based vouchers "require tenants to pay 30% of their income towards rent". It adds that the subsidy "is attached to a designated unit". In 2021 the developers told Community Board 5 the same. The minutes record that "100% of the units would be supported with project-based vouchers".

ApartmentListed rentWhat the tenant pays2026 CityFHEPS maximumHUD figure, ZIP 10457
Studio$030% of income$2,604$2,280
One-bedroom$030% of income$2,734$2,390

What it means: a voucher maximum caps a dollar rent. These apartments set no dollar rent for the tenant, so there is no rent to hold against those maximums.

Source: Housing Connect listing for lottery 7678; CityFHEPS maximums from DSS-8r, effective April 1, 2026, "if all utilities are included in the lease"; HUD's fiscal year 2027 Small Area Fair Market Rents, in effect since October 1, 2026.

Rendering of a long lobby with cream paneled walls, gold patterned panels and fan-shaped wall lights, a curved wood reception desk with a green top at the left, a wall of brass mailboxes at the right, white tile floor and a few people near glass doors at the far end
Rendering captioned "Lobby Area" on the Housing Connect listing for The Louella. The listing does not say who made it. Photo: NYC Housing Connect listing for lottery 7678, lottery listing rendering, via NYC Housing Connect, The Louella Senior Apartments (lottery 7678) (top strip trimmed, enlarged 1.5 times, set on a plain background).
If you already have a voucher
  • Housing Connect's ruleits FAQ says "Minimum income requirements do not apply if you have a voucher or a rental subsidy". Here the minimum is $0 anyway.
  • The help stays with the apartmentHPD says families "may move out of a project based unit after one year with continued assistance from a tenant based voucher if one is available".
  • Your own voucherno document opened says what happens to a Section 8 voucher or CityFHEPS you already hold if you move in. Ask the marketing agent and the agency that issued it before you sign.
  • Credit checkthe FAQ says "Applicants qualifying with rental subsidy are not subject to a credit check or review of rental history."
  • Which agencythe listing does not name the agency behind the vouchers. HPD's list of its own project-based voucher buildings, dated March 3, 2026, does not name The Louella.
Watch out"30% of income" may not mean 30% of gross pay. For its regular vouchers, HPD says a tenant pays "approximately 30% of your adjusted household income toward rent, 10% of your gross income, or $50 (whichever is greater)". HPD's SARA rules add that "All rents are calculated as gross rents less a utility allowance". Ask how income is counted and which utilities you pay.

How 30% of Income Compares With Typical Rents in ZIP Code 10457

At every income the listing allows, 30% of income comes to less each month than HUD's estimate of a typical rent in ZIP code 10457, by VoucherMatch's arithmetic.

30% of yearly income, by the month, against HUD's fiscal year 2027 studio figure for ZIP code 10457, in dollars
30% of income, a monthHUD studio figure
View the data table
Yearly household income30% of income, a monthHUD studio figure
$12,000$300$2,280
$24,000$600$2,280
$36,000$900$2,280
$48,000$1,200$2,280
$59,400, the one-person limit$1,485$2,280
$67,850, the two-person limit$1,696$2,280

What it means: at the one-person limit, 30% of income is $795 under HUD's studio figure. At the two-person limit it is about $584 under.

Source: the 30% share from the Housing Connect listing for lottery 7678; the incomes are examples, and the arithmetic on gross income is VoucherMatch's; HUD's Small Area Fair Market Rents for fiscal year 2027.

  • The one-bedroom: for three people at the $76,350 limit, 30% is about $1,909 a month. HUD's one-bedroom figure is $2,390, about $481 more.
  • Not a building rent: these are shares of income, not rents the building has published. HUD's figure includes most utilities.
  • Apartments in this ZIP code: see voucher apartments in ZIP 10457 and Section 8 apartments in Tremont.

How The Louella Was Financed

Property records show a deed dated June 27, 2024 and five mortgages on the lot, all recorded on July 15, 2024.

Lender on the recorded mortgageAmount
Webster Bank, National Association$20,086,469
Webster Bank, National Association$14,000,000
Webster Bank, National Association$6,473,531
Webster Bank, National Association$5,666,279
M&T Realty Capital Corporation$1,131,550

What it means: the five add up to $47,357,829, by VoucherMatch's addition. The records do not say what each loan pays for.

Source: ACRIS, Bronx block 3156, lot 7. The four Webster Bank mortgages are dated June 1, 2024 and the M&T mortgage June 27, 2024. An assignment of the same day passes a mortgage from M&T to the Federal Home Loan Mortgage Corporation (Freddie Mac).

Other money named in the sources
  • Tax creditsHPD's 2023 award list reserved $1,832,000 in credits, for the 2024 credit year.
  • M&T's announcementan "$18.75 million Freddie Mac Forward Commitment 9% LIHTC loan," printed by NYREJ on October 29, 2024. The recorded M&T mortgage is $1,131,550. The records opened show no $18.75 million mortgage.
  • Planning loanCCNY wrote in 2022 that it "will provide $600,000 as a pre-development loan."
  • The Citythree agreements recorded the same day name the City of New York as a party. The records opened show no City mortgage.
  • The landthe 2024 deed to the owners is for $3,151,964.

Preferences, Building Features and Transit

The listing gives a preference to applicants 62 and older for all 26 apartments. It sets aside 5% and 2% for applicants with disabilities.

Preferences in the listing
  • 100%"Preference-Age (62+)", the listing's first priority, with a minimum age of 62.
  • 5%set aside for applicants with a mobility disability.
  • 2%set aside for applicants with a vision or hearing disability.
  • Community boardthe listing shows no preference for Community Board 5 residents. In 2021 the developers told the board they wanted "a 50% preference for the community board and residents."
What the building has, by source
  • In the Housing Connect listingbus stop or public transportation access, shared laundry room, "High-end kitchen appliances," air-conditioning, gymnasium, security cameras, on-site resident manager, intercommunication device, elevator, accessible entrance, smoke-free.
  • In M&T's 2024 announcement"onsite laundry facilities, bike storage room, second floor resident community room with access to outdoor courtyard, fitness area, and a passive outdoor recreational area."
  • In CCNY's 2022 post"a fitness area, lounges and a game room, an outdoor recreational area," and two staff coordinators.
StationLinesStraight-line distanceAccessible in MTA data
Tremont AvB, Dabout 0.21 milesYes
182-183 StsB, Dabout 0.25 milesNo
Burnside Av4about 0.26 milesNo
183 St4about 0.40 milesNo
176 St4about 0.56 milesNo
174-175 StsB, Dabout 0.61 milesNo
Fordham RdB, Dabout 0.65 milesNo
Fordham Rd4about 0.70 milesYes

What it means: Tremont Av, about 0.21 miles away, is the nearest station marked fully accessible.

Source: stations, lines and accessibility from the MTA's station data; distances calculated by VoucherMatch in a straight line from the listing's map point for the building, so the walk is longer.

Photograph of an empty subway platform with a glass and steel elevator under a sign reading Exit, a wheelchair symbol and To mezzanine and Manhattan and Brooklyn, black columns marked Tremont Avenue, yellow platform edges and a second elevator across the tracks
A new elevator on the Tremont Av platform, in an MTA photograph taken when the MTA opened "three new ADA-accessible elevators" at the station on February 27, 2024. Tremont Av is about 0.21 miles from the building in a straight line. Photo: Marc A. Hermann / MTA (Metropolitan Transportation Authority), CC BY 2.0, via Metropolitan Transportation Authority on Flickr, via Wikimedia Commons (File:Tremont_Av_elevator_vc.jpg) (cropped, reduced).
  • Buses: the Bronx Times wrote in 2019 that the lot is near "the Bx 1 and Bx 2's Grand Concourse/East 180th Street bus stop."
  • Along the lines: see apartments near the B train and the 4 train.
Photograph of a green iron subway stair entrance with globe lamps and a sign reading Tremont Av St with orange B and D circles and wheelchair and elevator symbols, an ad screen above it, a parked teal van and trash bins behind the railing
A stair entrance to the Tremont Av station of the B and D trains, in May 2026. Photo: Sashimi-b, CC BY 4.0, via Wikimedia Commons (cropped, reduced).

How to Apply for 2064 Grand Concourse on Housing Connect

Applications are not open: the listing has no deadline and no advertisement yet, so a household can only get ready.

This is a City lottery on NYC Housing Connect, number 7678. On October 17, 2026, Housing Connect's open-lottery search returned 16 rental lotteries, 5 of them in the Bronx. This one was not among them. Housing Connect's own count of open Bronx rental lotteries was also 5.

Before a deadline is posted for The Louella
  1. 1Make or update a profileat housingconnect.nyc.gov. Log numbers go only to applicants "whose applicant profiles (Household Info) are complete."
  2. 2Check the listinga deadline will show on the listing for lottery 7678. Its deadline field was empty on October 17, 2026.
  3. 3Find your rowcompare your household size and income with the two tables above, and check the age preference.
  4. 4Apply oncethe FAQ says "Submit ONLY one application per household."
  5. 5Paper routethe FAQ points to "the details of any open lottery" for a mailed application. This listing has no mailing address yet.

What it means: the profile and the papers can be ready before a deadline exists.

Source: the Housing Connect FAQ; the listing for lottery 7678.

After a deadline, in the Housing Connect FAQ's words
  • Log numbers"Within a few weeks after the lottery application deadline, Housing Connect randomly assigns log numbers".
  • Documents"The request for documents includes all required items to submit."
  • Rent history or credita household that qualifies can "show that you have paid your full rent for the past 12 months" or "have your credit reviewed".
  • Later openingsapartments that empty out later "may be made available for applicants outside of Housing Connect". HPD's re-rentals page says to "Contact Affordable Housing properties and property managers to find out about vacancies".
Documents to gather now
  • ID for every adult. the FAQ accepts "drivers' licenses, non-driver state ID cards, and IDNYC cards"
  • Proof of age. for the 62 and older preference; the listing does not say which papers count
  • Income. "pay stubs, tax returns", plus Social Security letters, since the FAQ counts "social security for each member of your household"
  • Address and assets. "proof of address, and asset documentation"
  • Voucher. if you hold one, the letter showing the rent it covers

What it means: the marketing agent's request will list the exact papers.

Source: the Housing Connect FAQ, for the timeline and most of the checklist; the age and voucher lines are VoucherMatch's additions.

Key pointthe listing's rent table sets an asset limit of $84,800. The FAQ ties it to "the maximum income limit for a four (4)-person household" at the apartment's AMI level. Savings, checking and investments count. Balances "in specifically designated retirement funds" do not.
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.

What Is Known and Not Yet Known About The Louella

The listing gives counts, income limits, the 30% rule and preferences. It does not give a deadline, the utilities or the marketing agent.

Known and not yet known on October 17, 2026
  • Known26 apartments, the income limits, the 30% share, the asset limit, the age preference, 11 amenities and two images.
  • Not postedan application deadline and an advertisement. The advertisement field is empty.
  • Not statedwho pays for electricity, heat and hot water, the pet policy, apartment sizes, the marketing agent and the agency behind the vouchers.
  • Not foundhow the other 59 apartments will be filled, and whether HPD's SARA rule to "prioritize 10% of units" for applicants who climb stairs at home applies here.
  • Whom to askHousing Connect's applicant hotline, 212-863-7990, or nychousingconnect@hpd.nyc.gov.

If You Need an Apartment Sooner

Other voucher apartments are the faster route. The Louella has no deadline, and city data showed no certificate of occupancy on October 17, 2026.

Bronx apartments on VoucherMatch that take vouchers, nearest to 2064 Grand Concourse first

Listed by landlords who say which vouchers they accept. These are separate from the lottery. See all Bronx listings

Frequently Asked Questions

Is The Louella Senior Apartments on NYC Housing Connect?

Yes. It is lottery 7678, for 26 apartments at 2064 Grand Concourse in the Bronx: 25 studios and one one-bedroom. As of October 17, 2026, the listing has no application deadline and no advertisement, so applications are not open yet. A deadline will appear on the listing when the lottery opens.

What is the rent at 2064 Grand Concourse?

The listing shows $0, because each apartment has a project-based voucher. Its rent table says "Eligible tenant pays 30% of their income". By VoucherMatch's arithmetic, that is $600 a month on a $24,000 yearly income. HPD counts adjusted income for its regular vouchers, so a real share can be lower.

How old do you have to be for The Louella?

The listing gives a preference to applicants 62 and older for all 26 apartments. HPD's SARA rules say AIRS apartments require "at least one member of the household be age 62 and over". A 2022 lender's post said residents would be 55 or older, so ask the hotline.

How much can you earn for The Louella Senior Apartments?

One person can earn up to $59,400 a year and two people up to $67,850, all at 50% AMI. Three people fit only the single one-bedroom, with a limit of $76,350. The minimum income is $0, and the asset limit is $84,800. Households of four or more cannot apply.

Does The Louella take Section 8 or CityFHEPS?

The apartments already carry project-based Section 8 vouchers, which stay with the apartment. Housing Connect accepts vouchers and waives minimum income for them. No document opened says what happens to a voucher you already hold here, so ask the marketing agent and your agency before signing.

Is The Louella the same as the Louella Project at 2064 Grand Concourse?

Yes. Housing Connect calls it The Louella Senior Apartments, and HPD's data says "THOROBIRD-TCB. 2064 GRAND CONCOURSE. THE LOUELLA". Community Board 5's 2021 minutes say the Louella Project. The building stands on the former First Union Baptist Church lot, and the church is to have ground-floor space.

Is 2064 Grand Concourse in Mount Hope, Tremont or Fordham Heights?

City building and housing records place it in Mount Hope. A 2024 loan announcement says Fordham Heights, and a 2019 New York YIMBY report says Tremont. The lot is on the Grand Concourse between East Burnside Avenue and East 180th Street, in ZIP code 10457 and Community Board 5.

Sources for this article (26)
  1. Housing Connect listing for lottery 7678 (housingconnect.nyc.gov)
  2. Housing Connect FAQ (housingconnect.nyc.gov)
  3. SARA (nyc.gov)
  4. SARA term sheet (nyc.gov)
  5. senior housing (AIRS) term sheet (nyc.gov)
  6. Section 8 voucher types (nyc.gov)
  7. project-based voucher list (nyc.gov)
  8. re-rentals (nyc.gov)
  9. 2023 tax credit awards (nyc.gov)
  10. job filings (data.cityofnewyork.us)
  11. BIS job 210179983 (data.cityofnewyork.us)
  12. certificates of occupancy (data.cityofnewyork.us)
  13. Affordable Housing Production by Building (data.cityofnewyork.us)
  14. PLUTO (data.cityofnewyork.us)
  15. ACRIS (data.cityofnewyork.us)
  16. minutes of February 24, 2021 (nyc.gov)
  17. Community Capital New York (communitycapitalny.org)
  18. NYREJ (nyrej.com)
  19. Connect CRE (connectcre.com)
  20. 2018 (bxtimes.com)
  21. 2019 (bxtimes.com)
  22. New York YIMBY (newyorkyimby.com)
  23. DSS-8r (nyc.gov)
  24. Small Area Fair Market Rents (huduser.gov)
  25. station data (data.ny.gov)
  26. housingconnect.nyc.gov (housingconnect.nyc.gov)
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Every rule, date and dollar amount in this article is checked against the agency document it comes from, and the sources are listed above. How VoucherMatch articles are researched and corrected

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