42nd & 10th Ave New York

About This Building

Affordable Housing at 42nd & 10th Ave New York: A Low-Income Housing Tax Credit Opportunity Introduction: Welcome to 42nd & 10th Ave, a New York City apartment complex offering Low-Income Housing Tax Credit (LIHTC) supported rental units. If you seek an affordable housing option in the heart of New York, these apartments are designed specifically for individuals who meet the program's rent and income restrictions. LIHTC Program: Through the LIHTC program, builders and developers are incentivized to provide housing options for low-income individuals. As a result, the maximum rent charged at our apartment complex is determined by the Area Median Income (AMI), ensuring affordability for those who qualify. However, please note that the AMI may still render these apartments unaffordable for some low-income individuals. Rental Rates and Availability: Given the demand for affordable housing, availability may be limited. Currently, the complex houses 163 low-income apartments, making it highly advisable to check the current rental rates to determine affordability. We provide the contact information below, enabling direct communication with the management to inquire about the application process and assess qualification. Apartment Types: At 42nd & 10th Ave, we offer two types of apartments: 1. One-Bedroom Apartments: Ideal for individuals or small families, these cozy units provide affordable housing options suited for your needs. 2. Two-Bedroom Apartments: Perfect for slightly larger families, these units offer additional space without compromising affordability. Application Process: When applying for residency, it is essential to consider the following details: - All adults expected to reside in the apartment must disclose and verify their income at the time of application. - For further information and more specific application requirements, please contact the provided number. Conclusion: We hope this listing provides clear insight into the affordable housing options available at 42nd & 10th Ave. By taking advantage of the LIHTC program, we strive to make quality housing accessible to low-income individuals. If you believe you meet the criteria, we encourage you to reach out and explore the possibility of becoming a resident in our community.