New York Foundling Hospital

About This Building

Affordable Housing Option in Bronx, NY Location: 1437 Shakespeare Ave, Bronx Overview: - This is a Low-Income Housing Tax Credit apartment. - Supported by the LIHTC, it offers affordable housing to low-income persons. - Rent and income restrictions apply as per the program guidelines. - Incentives are provided to builders and developers to promote affordable housing. - The maximum rent is determined based on the Area Median Income (AMI). Affordability Considerations: - Due to the AMI calculation, the rent may still be unaffordable for low-income individuals. - It is advised to check the current rental rates to determine affordability. Low-Income Apartments: - There are a total of 28 low-income apartments at this location. - However, it is important to note that waiting lists are common for most apartments. Application Process: - To apply and determine eligibility, contact the provided number directly. - All adults expected to reside at the apartment must include and verify their income during the application process. - For more details and clarifications, call to inquire further. Apartment Types: - 2 bedroom apartments available at this location. - 3 bedroom apartments available at this location. - 4 bedroom apartments available at this location.