South Cove Plaza

About This Building

South Cove New York: Affordable Housing Option in New York City Located in the vibrant city of New York, NY, South Cove New York offers low-income housing options through the Low-Income Housing Tax Credit (LIHTC) program. These rental apartments are specifically designed to support individuals and families in need of affordable accommodations. Incentives for Affordable Housing The LIHTC program incentivizes builders and developers to create housing options for low-income individuals. By participating in this program, South Cove New York is committed to providing affordable living spaces for those with limited financial resources. Rent and Income Restrictions To ensure that the apartments remain affordable, the maximum rent charged is determined based on the Area Median Income (AMI). However, it's important to note that the AMI may still pose challenges for some low-income individuals, potentially making the apartments unaffordable. We recommend checking the current rental rates to determine if South Cove New York is within your budget. Apartment Features and Amenities South Cove New York offers 41 one and two-bedroom apartments for low-income individuals and families. These apartments include a range of amenities designed to enhance your living experience, such as spacious closets (some with walk-in options), a round-the-clock doorman, concierge services, on-site parking, valet parking, a state-of-the-art fitness center, laundry rooms on each floor, bike storage, and luggage storage. Waiting List and Application Process Like many in-demand apartments, there may be a waiting list for South Cove New York. However, we provide this listing so that you can directly contact them at the provided number to inquire about the application process and see if you qualify to live here. Important Consideration When applying for South Cove New York, please remember that the income of all adults expected to reside in the apartment must be included and verified during the application process. For more detailed information, contact South Cove New York directly. Apartment Types Available South Cove New York offers a variety of apartment options to accommodate different household sizes. They include: 1. One-bedroom apartments 2. Two-bedroom apartments 3. Three-bedroom apartments.