271 Bainbridge Street, New York City, NY 11233
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 3 Beds | 1 Bath | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Bridge Community consists of four buildings with 36 affordable units that New Destiny originally renovated in 1989, 1999 and 2005. In 2017-18, the buildings were substantially rehabilitated to ensure their future as viable affordable rental projects. Building-wide renovations included new roofs, joist replacement as needed, new/improved lighting and upgrades/repairs in public areas, masonry repairs, new heating systems, security cameras and new landscaping including the addition of a children’s play area. Apartment upgrades included new bath and kitchen fixtures, new appliances, floor replacements, tiling and painting.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Bridge Community does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | - | Call for Price† |
| Two Bedroom (2/1) | - | Call for Price† |
| Three Bedroom (3/1) | - | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $49,450 / year | $56,500 / year | $63,550 / year | $70,600 / year | $76,250 / year | $81,900 / year |
| 50% AMI for PBRA Units | $49,450 / year | $56,500 / year | $63,550 / year | $70,600 / year | $76,250 / year | $81,900 / year |
| 60% AMI for LIHTC Units | $59,340 / year | $67,800 / year | $76,260 / year | $84,720 / year | $91,500 / year | $98,280 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Bridge Community have a waiting list?
Bridge Community probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Bridge Community?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Bridge Community?
Bridge Community is managed by New Destiny Housing headquartered in New York City, NY .
In addition to Bridge Community, how many other affordable housing properties (and units) are there in New York City?
In addition to Bridge Community, we list 2579 other affordable properties in New York City. Learn about these properties here. Our data research shows that there are a total of 385842 affordable units in New York City.
When was the Bridge Community listing last updated?
Bridge Community listing on Affordable Housing Online was last updated on 09/15/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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