Zora Neale Hurston 107 Morningside Ave
107 Morningside Ave
New York City, New York County, New York 10027

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Funding Programs

Zora Neale Hurston 107 Morningside Ave was developed and operates with Federal housing financing. The property utilizes 3 Federal housing programs to make rent affordable to lower income tenants. These programs are Low Income Housing Tax Credit, HOME, and Community Development Block Grant.

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 2003. The property was placed in service in 2004. 70 of 93 units at Zora Neale Hurston 107 Morningside Ave are low income and subject to the tax credit program. The property, at the time of the tax credit allocation, was located in a Qualified Census Tract and a Difficult Development Area qualifying it for additional tax credit financing.

HOME Investment Partnership

The property was financed in part with financing through the Federal HOME Investment Partnership Program. 70 of the 93 total units at Zora Neale Hurston 107 Morningside Ave are assisted under the HOME program.

Community Development Block Grant

The property was financed with partial financing through the Federal Community Development Block Grant Program (CDBG) which provides general funding to local governments to help create affordable housing and economic development opportunities. Zora Neale Hurston 107 Morningside Ave received $0 ($0 per unit) of financing through the CDBG Program.

Overview

Zora Neale Hurston 107 Morningside Ave 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).

Zora Neale Hurston 107 Morningside Ave is an apartment community containing 93 rental units. The property contains 172 bedrooms and based on typical apartment occupancy limits, Zora Neale Hurston 107 Morningside Ave is home to not more than 350 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

Zora Neale Hurston 107 Morningside Ave contains a mix of 93 assisted studio, one, two, three, and four bedroom apartments for rent. There are 12 Studio, 11 One Bedroom, 54 Two Bedroom, 11 Three Bedroom, and 5 Four Bedroom apartments in this property. The unit mix is 13% Studio, 12% One Bedroom, 58% Two Bedroom, 12% Three Bedroom, and 5% Four Bedroom apartment rentals. The average bedroom size for Zora Neale Hurston 107 Morningside Ave is 1.85.

New York's 13th

Congressional District

93

Total Units

70

Tax Credit Units

70

CDBG Units

70

HOME Units

Studio, One, Two, Three, and Four

Unit Mix

1.85

Average Bedroom Size

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