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Affordable Housing Option in West Eighties, New York, NY Supported by LIHTC Introduction: Looking for an affordable housing option in New York, NY? West Eighties offers Low-Income Housing Tax Credit (LIHTC) apartments that cater to those seeking affordable rental accommodations. LIHTC Program: The LIHTC program incentivizes builders and developers to provide housing options for low-income individuals by offering tax credits. These rental apartments fall under this program and have applicable income and rent restrictions. Rent Limits Based on AMI: To ensure affordability, the maximum rent charged for these apartments is determined based on the Area Median Income (AMI). However, it is important to note that the AMI may still make these apartments unaffordable for low-income individuals. Checking Current Rental Rates: Before considering these apartments, it is advisable to check the current rental rates to determine their affordability for you. Number of Apartments and Waiting Lists: West Eighties boasts 27 low-income apartments. As demand for such accommodations is high, it is common for apartments to have waiting lists. Contact and Application Process: To inquire about availability and assess your eligibility for these apartments, contact the management directly using the provided contact number. If qualified, you may be able to apply and secure a rental. Acceptance of Housing Choice Vouchers: It is worth mentioning that West Eighties accepts Housing Choice Vouchers, a federal program that assists low-income individuals in renting suitable accommodations. Considerations for Application: Keep in mind that during the application process, the income of all adults expected to reside in the apartment must be included and verified. For further details, it is advisable to call and inquire. Apartment Types Available: West Eighties offers 1 bedroom and 2 bedroom apartments. Choose the one that suits your needs and preferences. Conclusion: For those seeking affordable housing in New York, NY, West Eighties provides LIHTC apartments with income and rent restrictions. Contact the management directly to explore availability and eligibility for a rental.
44 W 87th St, New York, NY 10024
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