Ocean Park Far Rockaway

About This Building

Affordable Housing Option: Ocean Park Far Rockaway Located in Far Rockaway, NY, Ocean Park Far Rockaway offers low-income housing through the Low-Income Housing Tax Credit (LIHTC) program. This program provides incentives to builders and developers to create affordable housing for low-income individuals. However, it's important to note that the maximum rent is determined by the Area Median Income (AMI), which may still make it unaffordable for some low-income persons. It is advised to check the current rental rates to assess affordability. 401 Low-Income Apartments Available Ocean Park Far Rockaway features a total of 401 low-income apartments. As there is often high demand for affordable housing, it's common for these apartments to have waiting lists. To determine if you qualify and can apply to live here, feel free to contact the management team directly using the provided number. Understanding LIHTC and Its Benefits The Low-Income Housing Tax Credit (LIHTC) program incentivizes builders and developers to offer affordable housing options. By keeping income in mind, this program aims to assist low-income individuals in finding suitable living spaces. To apply for these LIHTC units, it is mandatory to include and verify the income of all adults expected to reside in the apartment. For more detailed information, please reach out to the management team. Apartment Options Ocean Park Far Rockaway provides different apartment sizes to accommodate various needs: - 1 Bedroom Apartments at the Location - 2 Bedroom Apartments at the Location - 3 Bedroom Apartments at the Location For specific inquiries and more details about these apartment sizes, kindly contact the management team.