Howard Avenue Rehabilitation
642-44 Howard Ave
New York City, New York County, New York 11212

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Funding Programs

Howard Avenue Rehabilitation was developed and operates with Federal housing financing. The property utilizes the Project Based Sec. 8 Federal housing program to make rent affordable to lower income tenants.

Section 8

Howard Avenue Rehabilitation has a project-based Section 8 contract. 132 of the 135 total units at the property receive Section 8 assistance. This means that 98% of the renter households in the property pay no more than 30% of their adjusted income for rent.

The current Section 8 contract was effective on October 01, 2004 and the contract expires on September 30, 2024. The Section 8 contract rent is 82.1% of the Fair Market Rent for the area. According to the HUD Multifamily database, the fair market rents for the area are $1,293.00 for Zero Bedroom, $1,357.00 for One Bedroom, $1,571.00 for Two Bedroom, $2,021.00 for Three Bedroom, and $2,224.00 for Four Bedroom.

26% of New York properties and 26% of all properties across the country have Section 8 rental subsidies. See the Rent Subsidies section for more.

Overview

Howard Avenue Rehabilitation is an affordable apartment community located in New York City, New York which is located in New York County. The property is located in New York's 13th Congressional District served by Representative Adriano Espaillat (D), Senator Charles Schumer (D) and Senator Kirsten Gillibrand (D).

Howard Avenue Rehabilitation is an apartment community containing 132 rental units. The property contains 235 bedrooms and based on typical apartment occupancy limits, Howard Avenue Rehabilitation is home to not more than 467 persons when fully occupied.

Rent Subsidies

Howard Avenue Rehabilitation provides rental subsidies to renters. The type of subsidy provided to apartment renters in New York City, NY by this property is Project Based Sec. 8.

This subsidy allows the renter to pay 30% of his or her income for rent while the subsidy pays the difference. To qualify, a renter must earn 50% or less of the Area Median Income.

There is a minimum rent payment of not less than $25 and as much as $50 for all subsidy recipients at this property. That means that even if a renter has zero income, they will still be required to pay rent. In recent years, there have been various legislative proposals to increase the Section 8 minimum rent but advocates make the valid point that minimum rents affect the poorest of the poor.

Unit Mix

Howard Avenue Rehabilitation contains a mix of 132 assisted studio, one, two, three, and four bedroom apartments for rent. There are 14 Studio, 33 One Bedroom, 57 Two Bedroom, 24 Three Bedroom, and 4 Four Bedroom apartments in this property. The unit mix is 11% Studio, 25% One Bedroom, 43% Two Bedroom, 18% Three Bedroom, and 3% Four Bedroom apartment rentals. The average bedroom size for Howard Avenue Rehabilitation is 1.74.

New York's 13th

Congressional District

132

Total Units

132

Project Based Sec. 8 Units

82.1

% of Fair Market Rent

30-Sep-24

Project Based Sec. 8 Contract Expiration

Studio, One, Two, Three, and Four

Unit Mix

1.74

Average Bedroom Size

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† These counts are estimates based on the data available from HUD. Learn More About Our Data