28 Park Ave, Islip, NY 11706
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 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.
Bayshore Senior Residence, a brand new garden style community with 75 affordable apartments for seniors ages 55 and above.
The property features a state-of-the-art, inclusive, LGBT-friendly senior center offering services and programs related to the arts and culture, fitness, food and nutrition, health and wellness operated by the LGBT Network.
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 Bayshore Senior Residence 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 |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $53,900 / year | $61,600 / year | $69,300 / year | $76,950 / year |
| 50% AMI for PBRA Units | $53,900 / year | $61,600 / year | $69,300 / year | $76,950 / year |
| 60% AMI for LIHTC Units | $64,680 / year | $73,920 / year | $83,160 / year | $92,340 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Bayshore Senior Residence have a waiting list?
Bayshore Senior Residence 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 Bayshore Senior Residence?
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 Bayshore Senior Residence?
Bayshore Senior Residence is managed by The D&F Development Group, LLC headquartered in Levittown, New York.
In addition to Bayshore Senior Residence, how many other affordable housing properties (and units) are there in Islip?
In addition to Bayshore Senior Residence, we list 2 other affordable properties in Islip. Learn about these properties here. Our data research shows that there are a total of 135 affordable units in Islip.
When was the Bayshore Senior Residence listing last updated?
Bayshore Senior Residence listing on Affordable Housing Online was last updated on 05/29/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
More people usually means more waiting lists.
Areas with the highest populations tend to have the most amount of waiting list opportunities.Gina Pocan says:
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