Debevoise Senior Apts

40 Debevoise Street, Brooklyn, New York 11206

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Debevoise Senior Apts Details

  • 65 units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

About Debevoise Senior Apts

This property is a new development. The developer(s) filed plans in November of 2017 to build a 48,000-square-foot building at 40 Debevoise Street in the Williamsburg neighborhood of Brooklyn. The plans call for 65 total units and an occupancy classification of R2 RESIDENTIAL: APARTMENT HOUSES. 

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

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