Woodstock Hotel

About This Building

The Woodstock Hotel: A Affordable Housing Option in New York City Located in the heart of New York, NY, the Woodstock Hotel offers Low-Income Housing Tax Credit (LIHTC) apartments, providing an affordable housing option for individuals in need. Supported by the LIHTC program, these rental apartments come with rent and income restrictions that aim to benefit low-income individuals. The LIHTC program incentivizes builders and developers to create affordable housing options for those with lower incomes. The maximum rent charged is determined by the Area Median Income (AMI), which could make this apartment unaffordable for some low-income individuals. We recommend checking the current rental rates to see if it fits within your budget. With a total of 262 low-income apartments, the Woodstock Hotel provides a diverse range of housing options. It includes 283 Single Room Occupancy (SRO) units, with regulations stating that at least 60% of the occupants must be referrals from the NYC Department of Homeless Services (DHS) shelter system. Additionally, all tenants must be aged 55 and over, with an income less than 60% of the Area Median Income, which cannot exceed $37,500 as of 2014. The Woodstock Hotel not only offers housing but also provides a supportive environment for its residents. With a dedicated four-person housekeeping staff, tenants receive assistance in maintaining their apartments. These housekeepers often serve as the first responders to any noticeable changes in a tenant's health, behavior, or mental condition. On the second floor of the Woodstock Hotel, residents have access to a Senior Center and the Homeless In-Reach Program, further enhancing the sense of community and support. Each apartment at the Woodstock Hotel comes with a single room that includes a full private bathroom. Some rooms are equipped with showers while others may not have this feature. Furnished with a bed, table, two chairs, a dresser, and a closet, these apartments provide the necessary essentials. However, please note that there is no kitchen available. Each room is equipped with a mini-fridge and microwave for basic food storage and heating needs. Utilities are included, making it easier for residents to manage their expenses. Accessibility is also a priority at the Woodstock Hotel, as the building is fully handicapped accessible. Additionally, the front desk provides 24-hour security coverage to ensure the safety and well-being of all residents. Due to the high demand, there may be waiting lists for available apartments. We encourage you to contact the Woodstock Hotel directly using the provided number to inquire about the application process and determine if you qualify to live here. It is important to note that when applying, all adults expected to reside in the apartment must include and verify their income. For more detailed information, please call the Woodstock Hotel. If you are in search of a one-bedroom apartment in this location, the Woodstock Hotel presents a viable option worth considering. Its affordable housing options and supportive community make it a favorable choice for those in need of a comfortable and secure living environment.