Hcci Plaza, Phase I New York

About This Building

Affordable Housing Option at Hcci Plaza, Phase I in New York, NY - LIHTC Supported Rental Apartments: Hcci Plaza, Phase I in New York offers Low-Income Housing Tax Credit apartments, making them an affordable housing choice for individuals seeking economical options in the city. - Incentives for Affordable Housing: The LIHTC program encourages builders and developers to provide housing options for low-income individuals by offering incentives. As a result, the rental rates are based on the Area Median Income (AMI), ensuring affordability for eligible residents. - Consideration of AMI Impact: It is important to note that the AMI-based rent structure may still pose some affordability challenges for low-income persons. Thus, it is advisable to check the current rental rates to assess if they align with your budget. - Availability and Application: Hcci Plaza has a total of 76 low-income apartments. Due to the high demand for affordable housing, waiting lists are common. To inquire about availability and eligibility, you can contact them directly using the provided phone number. - LIHTC Units for Rent: Understanding the benefits of Low Income Tax Credit (LIHTC) units can help guide your search for affordable housing. Remember that all adult occupants' income must be included and verified during the application process. Call for more information. - Apartment Options: Hcci Plaza, Phase I offers both one and two-bedroom apartments at this location, catering to various household sizes.