West 116th Street Assoc New York

About This Building

Affordable Housing Opportunity on West 116th Street, New York Welcome to West 116th Street Assoc New York - a desirable Low-Income Housing Tax Credit (LIHTC) apartment in New York, NY. This rental apartment building offers an affordable housing option, designed to support individuals with limited income. The LIHTC program ensures that rents and income are within reasonable limits, making it accessible and affordable for eligible residents. Incentivizing the creation of affordable housing, LIHTC encourages builders and developers to contribute to the welfare of low-income individuals. The maximum rent levied is determined based on the Area Median Income (AMI), which might pose challenges for some low-income individuals. We advise checking the current rental rates to assess affordability. With a total of 120 low-income apartments, this establishment recognizes the demand for such accommodation in the area. As a result, waiting lists are common these days. To explore your possibilities, we have provided their contact number, allowing you to directly engage with them and inquire about the application process and your eligibility to reside here. Structuring the Text: - Affordable Housing Opportunity on West 116th Street, New York - Supporting Low-Income Individuals with LIHTC Assistance - Assessing Affordability: Check Rental Rates - Seize the Opportunity: Contact for Application Process - Inclusive Accommodation: All Adult Incomes Considered