Grace Towers Details
- 168 units.
- Project-Based Rental Assistance
Property Amenities
- Controlled Access
- Laundry Room
- Surveillance Cameras
- Free Parking
About Grace Towers
Grace Towers is a Project Based Section 8 and Low-Income Housing Tax Credit property with 168 units in two six-story buildings and it is located in Brooklyn, New York.
Section 8 Project-Based Rental Assistance
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.
New York City HUD Rental Assistance Income Qualifications
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in New York City but actual income limits may differ for units at Grace Towers.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $22,400 | $25,600 | $28,800 | $32,000 | $34,600 | $37,150 | $39,700 | $43,430 |
| 50% | $37,350 | $42,700 | $48,050 | $53,350 | $57,650 | $61,900 | $66,200 | $70,450 |
| 80% | $59,750 | $68,300 | $76,850 | $85,350 | $92,200 | $99,050 | $105,850 | $112,700 |
These general income qualifications for New York City, New York should only be used as a basic guide. To find out if you qualify, contact the community directly.
You can usually make up to 80% of the Area Median Income (AMI) to be eligible for a HUD-Assisted Housing unit, but income qualification tiers for this community may be different due to various policies.
Grace Towers receives rental subsidies through HUD-Assisted Housing for some or all of its apartments. Some units may be designated as market rate housing. Market rate units would have no subsidies or income restrictions.
Grace Towers is managed by Reliant Reality Services, LLC.
Nearby Low Income Apartment Communities
© 2002-2019 ApartmentSmart.com, Inc.
Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs.
