117 Guion Place, New Rochelle, NY 10801
Waiting List Forecast: Likely Short or None
Verified for 2024 by Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 2 Beds | 1 Bath | 508 - 865 Sq Ft |
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.
The Renaissance at Lincoln Park offers a variety of affordable apartments ranging from studio to 2-bedroom floor plans. Each unit features a fully-equipped kitchen, high ceilings, and ample windows for natural light. Property amenities include a community room, fitness center, on-site laundry facility, elevator, bike storage room, and parking garage. The Renaissance at Lincoln Park is conveniently located next to the New Rochelle 7 bus route providing easy access to downtown New Rochelle, Metro North Station, and Grand Central Station in Midtown Manhattan. Minutes away from La Guardia, The Montefiore New Rochelle Hospital, and Westchester County, residents have easy access to work opportunities and healthcare. The Long Island Sound and the Manhattan skyline are magnificently visible from the historic Downtown district.
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 The Renaissance at Lincoln Park 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) | 508ft2 | Call for Price† |
| One Bedroom (1/1) | 656ft2 | Call for Price† |
| Two Bedroom (2/1) | 865ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $30,850 / year | $35,250 / year | $39,650 / year | $44,050 / year |
| 50% AMI for LIHTC Units | $51,400 / year | $58,750 / year | $66,100 / year | $73,400 / year |
| 50% AMI for PBRA Units | $51,400 / year | $58,750 / year | $66,100 / year | $73,400 / year |
| 60% AMI for LIHTC Units | $61,680 / year | $70,500 / year | $79,320 / year | $88,080 / year |
| 80% AMI for PBRA Units | $66,750 / year | $76,250 / year | $85,800 / year | $95,300 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Renaissance at Lincoln Park have a waiting list?
The Renaissance at Lincoln Park 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 The Renaissance at Lincoln Park?
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 The Renaissance at Lincoln Park?
The Renaissance at Lincoln Park is managed by ELH Mgmt LLC headquartered in New York, NY.
In addition to The Renaissance at Lincoln Park, how many other affordable housing properties (and units) are there in New Rochelle?
In addition to The Renaissance at Lincoln Park, we list 24 other affordable properties in New Rochelle. Learn about these properties here. Our data research shows that there are a total of 2651 affordable units in New Rochelle.
When was the The Renaissance at Lincoln Park listing last updated?
The Renaissance at Lincoln Park listing on Affordable Housing Online was last updated on 07/11/2024 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.
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