1951 Park Ave, New York City, NY 10037
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
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.
1951 Park Avenue is an affordable housing building located in the East Harlem neighborhood of Manhattan. Nearby transit includes Metro North and the 4,5,6 Subway line. UNIT IS BEING LISTED TO FILL VACANCY AND REPLENISH WAITING LIST. This is an Income Restricted property. Minimum income to be considered is $34,000. Maximum income for a household of one (1) $36,300 and maximum income for a household of two (2) $41,460. Income and rent guidelines have been provided as courtesy and are subject to change based on governing agency guidelines.
Because Harlem River Point North participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $49,450 / year | $56,500 / year | $63,550 / year | $70,600 / year | $76,250 / year | $81,900 / year | $87,550 / year | $93,200 / year |
| 50% AMI for PBRA Units | $49,450 / year | $56,500 / year | $63,550 / year | $70,600 / year | $76,250 / year | $81,900 / year | $87,550 / year | $93,200 / year |
| 60% AMI for LIHTC Units | $59,340 / year | $67,800 / year | $76,260 / year | $84,720 / year | $91,500 / year | $98,280 / year | $105,060 / year | $111,840 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Harlem River Point North have a waiting list?
Harlem River Point North 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 Harlem River Point North?
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 Harlem River Point North?
Harlem River Point North is managed by C&C Apartment Management LLC headquartered in New York, NY.
In addition to Harlem River Point North, how many other affordable housing properties (and units) are there in New York City?
In addition to Harlem River Point North, we list 2599 other affordable properties in New York City. Learn about these properties here. Our data research shows that there are a total of 393588 affordable units in New York City.
When was the Harlem River Point North listing last updated?
Harlem River Point North listing on Affordable Housing Online was last updated on 01/02/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
195 Steuben St, New York City, New York 10304
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