St. Johns Place
1216 Saint Johns Pl
New York City, New York County, New York 11213

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Funding Programs

St. Johns Place was developed and operates with Federal housing financing. The property utilizes the Low Income Housing Tax Credit Federal housing program to make rent affordable to lower income tenants.

Low Income Housing Tax Credit

The property was developed using the Low Income Housing Tax Credit Program. This program incentivizes investors to inject capital into rental apartments for lower income Americans. The property received a tax credit allocation in 1990. 22 of 48 units at St. Johns Place are low income and subject to the tax credit program. The property, at the time of the tax credit allocation, was not located in a Qualified Census Tract or a Difficult Development Area and was not qualified for additional tax credit funding.

Overview

St. Johns Place 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).

St. Johns Place is an apartment community containing 22 rental units. This property serves all family types. The property contains 50 bedrooms and based on typical apartment occupancy limits, St. Johns Place is home to not more than 100 persons when fully occupied.

Rental Subsidies

This property does not provide any Federal rent subsidies to renters reducing total tenant payments to 30% of their adjusted income. Renters are required to pay the full rent, even if it is in excess of 30% of their income. In some cases the property may accept Section 8 Housing Choice vouchers.

Unit Mix

St. Johns Place contains a mix of 22 assisted two and three bedroom apartments for rent. There are 16 Two Bedroom and 6 Three Bedroom apartments in this property. The unit mix is 73% Two Bedroom and 27% Three Bedroom apartment rentals. The average bedroom size for St. Johns Place is 1.04.

New York's 13th

Congressional District

22

Total Units

22

Tax Credit Units

Two and Three

Unit Mix

1.04

Average Bedroom Size

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