New Lots Plaza Brooklyn

About This Building

Affordable Housing Option at New Lots Plaza Brooklyn, NY Low-Income Housing Tax Credit Apartment at New Lots Plaza Brooklyn If you are in search of an affordable housing option in Brooklyn, NY, look no further than New Lots Plaza. These rental apartments are supported by the LIHTC (Low-Income Housing Tax Credit) program, which has rent and income restrictions to ensure affordability. LIHTC: Promoting Affordable Housing The LIHTC program aims to provide affordable housing to low-income individuals by offering incentives to builders and developers. The maximum rent charged for these apartments is based on the Area Median Income (AMI). However, it is important to note that the AMI may still render this apartment unaffordable for some low-income persons. Determining Affordability To determine if this apartment fits your budget, kindly check the current rental rates. While there are 83 low-income apartments available at New Lots Plaza, it is worth mentioning that most apartments tend to have waiting lists. Nevertheless, we have provided contact information to allow you to directly inquire about the application process and qualification criteria. TIP: Understanding LIHTC Units for Rent When applying for this apartment, please ensure that the income of all adults who are expected to reside here is included and verified during the application process. For further details, please call the provided contact number. Various Apartment Sizes Available: - 1 Bedroom Apartments at New Lots Plaza - 2 Bedroom Apartments at New Lots Plaza - 3 Bedroom Apartments at New Lots Plaza