Melrose Commons

429 E 156th St, New York City, NY 10455

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Ric Gresia, Joshua Cappell

Rent	Beds	Baths	SqFt
Call for Rents^†	Floorplan Info Upon Request	-	-

Call (212) 663-3000

Waitlist Forecast

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 Bridge organization provides Mental Health and Housing Solutions offering help, hope, and opportunity for vulnerable New Yorkers. This includes housing for individuals facing homelessness.

Located on East 161st Street on previously city-owned land, Melrose Commons provides permanent supportive housing for 58 chronically-homeless adults with serious mental illness, giving a preference to Veterans. The building includes 100% affordable permanent homes, a community room with a communal kitchen, a training/conference room, laundry room, green roof and outdoor recreational space, office space to provide on-site case management services, counseling, and referral services for all tenants and 24/7 front desk attendance. The building is located on a mid-block site, one of the last in the Melrose Commons Neighborhood Redevelopment Plan. Adjacent to a new multifamily building, Elton Crossing, the pair’s orientation creates an enclosed courtyard with terraced gardens, providing opportunities for gardening and planting workshops and engaging sitting areas. The architecture contributes to the streetscape and conveys a warm and welcoming presence using high-quality materials, bold color, and providing ample natural light to the interiors. The building is certified by Enterprise Green Communities and green strategies enhance the overall quality of life for residents and reduce energy costs.

Visit The Bridge web site to learn about the intake process for access to housing for homeless adults.

Dave's Thoughts On Melrose Commons

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 Melrose Commons 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. Since the property also utilizes a FHA insured private mortgage, the property is subject to Federal physical condition requirements and REAC inspections. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes.

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Melrose Commons

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
30% AMI for PBRA Units	$29,650 / year	$33,900 / year	$38,150 / year	$42,350 / year	$45,750 / year	$49,150 / year	$52,550 / year	$55,950 / year
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
80% AMI for PBRA Units	$79,200 / year	$90,500 / year	$101,800 / year	$113,100 / year	$122,150 / year	$131,200 / year	$140,250 / year	$149,300 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Melrose Commons

Does Melrose Commons have a waiting list?

Melrose Commons 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 Melrose Commons?

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.

In addition to Melrose Commons, how many other affordable housing properties (and units) are there in New York City?

In addition to Melrose Commons, we list 2637 other affordable properties in New York City. Learn about these properties here. Our data research shows that there are a total of 402423 affordable units in New York City.

When was the Melrose Commons listing last updated?

Melrose Commons listing on Affordable Housing Online was last updated on 01/03/2023 by Ric Gresia. Remember, a property's status can change so you should contact the property to confirm.