Sutter Avenue Assoc Llc Brooklyn

About This Building

Affordable Housing Option in Brooklyn, NY: Sutter Avenue Assoc LLC Introduction Sutter Avenue Assoc LLC is a Low-Income Housing Tax Credit apartment complex located in Brooklyn, NY. These rental apartments provide an affordable housing option for individuals seeking an affordable place to live. LIHTC Program Supported by the LIHTC program, Sutter Avenue Assoc LLC offers rental apartments with program rent and income restrictions. This incentivizes builders and developers to provide affordable housing opportunities for low-income individuals. Rent Restrictions The maximum rent charged at Sutter Avenue Assoc LLC is determined based on the Area Median Income (AMI) of the region. However, it is important to note that this may still be unaffordable for low-income individuals due to the AMI calculation. Rental Rates To determine if Sutter Avenue Assoc LLC is affordable for you, it is recommended to check the current rental rates. These rates can help you evaluate if this housing option aligns with your financial situation. Number of Apartments With a total of 102 low-income apartments, Sutter Avenue Assoc LLC offers a significant number of housing opportunities for those in need. However, please be aware that popular housing complexes often have waiting lists. Application Process To apply and qualify for a unit at Sutter Avenue Assoc LLC, it is advisable to contact them directly using the provided phone number. This will allow you to gather additional details regarding the application process and eligibility requirements. Important Consideration: LIHTC Units When considering rental opportunities, it is crucial to be aware of Low-Income Tax Credit (LIHTC) units. At Sutter Avenue Assoc LLC, the income of all adults expected to reside in the apartment must be included and verified during the application process. For further information, please reach out for more details. Available Apartment Types Sutter Avenue Assoc LLC offers a variety of apartment types to cater to different household sizes and needs: - 1-bedroom apartments - 2-bedroom apartments - 3-bedroom apartments Conclusion If you are in search of an affordable housing option in Brooklyn, NY, Sutter Avenue Assoc LLC may be a viable choice. By considering the LIHTC program, income restrictions, and rental rates, you can determine if this apartment complex suits your financial situation. Feel free to contact them directly for more information and to begin the application process.