Rockaway Brooklyn

About This Building

Affordable Housing Option in Rockaway Brooklyn, NY Introduction Rockaway Brooklyn offers Low-Income Housing Tax Credit apartment options for individuals seeking affordable housing in the area. These rental apartments are supported by the LIHTC program, which sets rent and income restrictions to cater to low-income individuals and families. Incentives for Affordable Housing The LIHTC program provides incentives to builders and developers, encouraging the provision of affordable housing options for low-income persons. The maximum rent charged is based on the Area Median Income (AMI), ensuring affordability for eligible individuals. However, it is important to note that the AMI may still render this apartment unaffordable for some low-income individuals. Determining Affordability To determine if Rockaway Brooklyn's LIHTC apartments are affordable to you, it is recommended to check the current rental rates. It is essential to consider your individual financial situation before making a decision. Low-Income Apartments Rockaway Brooklyn offers a total of 41 low-income apartments. Due to high demand, it is common for these apartments to have waiting lists. Contact Information For those interested in applying for these apartments, contact the property management directly using the provided number. They can provide further details and guide you through the application process. TIP: Understanding the LIHTC Program Familiarize yourself with the Low-Income Housing Tax Credit program (LIHTC) which supports the availability of affordable rental units. This knowledge will help you navigate the application process and understand the requirements better. Application Requirements Keep in mind that when applying, the income of all adults expected to reside at the apartment must be included and verified. Contact the property management for more specific details regarding the application process. Apartment Options Rockaway Brooklyn offers apartments in various sizes to accommodate different needs: - 1 bedroom apartments at location - 2 bedroom apartments at location - 3 bedroom apartments at location