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1425-1445 Gates Ave Brooklyn: Affordable Housing Option with Low-Income Units Overview: - Located in Brooklyn, NY, this Low-Income Housing Tax Credit (LIHTC) apartment offers affordable rental apartments. - Supported by LIHTC, these apartments have the applicable program rent and income restrictions. - 43 low income units are available, accepting Section 8 Housing Choice Vouchers. LIHTC Incentives: - LIHTC provides incentives to builders and developers to offer affordable housing to low income individuals. - Maximum rent is determined based on the Area Median Income (AMI). - However, the rent may still be unaffordable for low income individuals due to the AMI. Please check the current rental rates for affordability. Apartment Details: - Total of 42 low income apartments located at the address specified. - Due to high demand, most apartments have waiting lists. - Contact the provided number directly to inquire about application and qualification process. Important Information: 1. Knowing About LIHTC (Low Income Tax Credit) Units for Rent: - LIHTC units are designated for low income individuals seeking affordable housing options. - These units are subject to specific income restrictions and requirements. 2. Income Verification: - Income from all adults expected to reside in the apartment must be included and verified during the application process. - Contact for more details regarding income verification requirements. Apartment Types: - 2 bedroom apartments available at this location. - 3 bedroom apartments also available.
557 Knickerbocker Square, Brooklyn, NY 11221
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