Extra Place Apartments New York

About This Building

Affordable Housing Option in New York: Extra Place Apartments Introduction: Extra Place Apartments New York, located in New York, NY, offers Low-Income Housing Tax Credit apartments for individuals seeking affordable housing. Supported by the LIHTC program, these rental apartments adhere to specific income and rent restrictions, aiming to provide housing options for low-income individuals. LIHTC Program: The LIHTC program incentivizes builders and developers to create affordable housing options for individuals with low incomes. The maximum rent charged is based on the AMI (Area Median Income). However, it is important to note that the AMI may render this apartment unaffordable for some low-income individuals. To determine affordability, it is recommended to check the current rental rates before considering application. Low Income Apartments: With a total of 41 low-income apartments available, Extra Place Apartments provides a limited yet important housing resource for individuals in need. As demand for affordable housing increases, waiting lists for such apartments have become commonplace. Contact Information: To inquire about eligibility and the application process, it is advisable to contact Extra Place Apartments directly using the provided phone number. Their representatives can provide further details and guide you through the process. Tip: About LIHTC Units: Familiarize yourself with Low-Income Tax Credit (LIHTC) units offered for rent. Income from all adults planning to reside in the apartment must be included and verified during the application process. For more comprehensive information, it is suggested to call and inquire about eligibility requirements. Apartment Types: Extra Place Apartments offers both one-bedroom and two-bedroom apartments. The availability of these units may vary, so it is recommended to inquire about the current status and potential waiting lists when contacting the property. Conclusion: Extra Place Apartments New York serves as an accessible housing option for low-income individuals in New York. By participating in the LIHTC program, they aim to offer affordable rent options within the limits of the AMI. For more information regarding eligibility and the application process, please reach out to Extra Place Apartments using the provided contact number.