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Applications may be requested by mail from Morris Avenue Cornerstone Associates LP 941 Hoe Avenue Bronx NY 10459. NEWLY CONSTRUCTED APARTMENTS FOR RENT Morris Avenue Cornerstone Associates LP is pleased to announce that applications are now being accepted for 155 affordable housing rental apartments now under construction at 3000 Park Avenue and 675 Morris Avenue in the Melrose section of the Bronx. These buildings are being constructed through the Cornerstone Program and the 421-a Affordable Housing Program of the New York City Department of Housing Preservation and Development and the Low-Income Affordable Market-Place Program LAMP of the New York City Housing Development Corporation* The size rent and targeted income distribution for the 155 apartments are as follows Apts. Available Apartment Size Household Studio 1 Bedroom Monthly Rent Total Annual Income Range Minimum - Maximum 20 743 29 040 22 183 29 760 22 183 31 056 26 537 34 020 26 537 37 152 30 789 42 540 30 789 43 104 23 824 29 760 25 518 29 760 25 518 34 020 30 741 34 020 30 741 38 280 30 741 42 540 35 541 38 280 35 541 42 540 35 541 45 960 35 541 49 320 Includes gas for cooking Applicants will be required to meet income guidelines and additional selection criteria to qualify. Please include a self-addressed envelope with your application request. Completed applications must be returned by regular mail only no certi ed registered express or priority mail will be accepted to a post of ce box number that will be listed with the application and must be postmarked by April 23 2007. Applications postmarked after April 23 2007 will be set aside for possible future consideration* Applications will be selected by lottery. Preference will be given to New York City residents. In addition eligible applicants residing in Bronx Community Boards 1 or 4 will receive preference for 50 of the units. Eligible applicants who are mobility impaired will receive preference for 5 of the units. Eligible applicants who are visual or hearing impaired will receive preference for 2 of the units. Eligible applicants who are Municipal Employees of the City of New York will receive preference for 5 of the units. Only one application per household. No Brokers Fee. No Application Fee. MICHAEL R* BLOOMBERG Mayor The City of New York Department of Housing Preservation and Development SHAUN DONOVAN Commissioner EMILY A. These buildings are being constructed through the Cornerstone Program and the 421-a Affordable Housing Program of the New York City Department of Housing Preservation and Development and the Low-Income Affordable Market-Place Program LAMP of the New York City Housing Development Corporation* The size rent and targeted income distribution for the 155 apartments are as follows Apts. Available Apartment Size Household Studio 1 Bedroom Monthly Rent Total Annual Income Range Minimum - Maximum 20 743 29 040 22 183 29 760 22 183 31 056 26 537 34 020 26 537 37 152 30 789 42 540 30 789 43 104 23 824 29 760 25 518 29 760 25 518 34 020 30 741 34 020 30 741 38 280 30 741 42 540 35 541 38 280 35 541 42 540 35 541 45 960 35 541 49 320 Includes gas for cooking Applicants will be required to meet income guidelines and additional selection criteria to qualify.

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