“the housing program looks too good to be true! “
It is for real. Basically, the Young Israel had a huge building with a 900 seat beit knesset when they were getting sixty people in shul on a typical Shabat. Before the crash their former President managed to sell the building for a lot of money. They are now in more reasonable space and used the money to hire a rabbi and start the housing subsidy program. It is a nice friendly community and housing is MUCH less expensive than Riverdale, which itself is MUCH less expensive than Manhattan. There is an eruv that everyone accepts, and an old mikveh that I think is undergoing renovations. The Albert Einstein College of Medicine, which has a beautiful new beit knesset for the student community, is also within the eruv.
But the commute to downtown Brooklyn is a long one on the 2 or 5 train.
Good luck!