Michelangelo Apartments

225 E 149th St, New York City, New York 10451

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Property Details

  • 494 units.
  • Project-Based Rental Assistance

Rental Assistance Payments (RAP)

Since this property has received funding through the HUD Section 236 program and the Rental Assistance Program (RAP), a tenant who earns 50% of the Area Median Income (AMI) or less qualifies for rental assistance. The rental assistance limits the tenant rent contribution to the greater of 10% of their gross income, 20% of their adjusted income, or a designated portion of welfare assistance. If a tenant's income is above the 50% AMI level, they may still qualify to live here but not benefit from the rent subsidy.

New York City HUD Rental Assistance Income Qualifications

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $21,950 $25,050 $28,200 $31,300 $33,850 $36,350 $38,850 $42,380
50% $36,550 $41,750 $46,950 $52,150 $56,350 $60,500 $64,700 $68,850
80% $58,450 $66,800 $75,150 $83,450 $90,150 $96,850 $103,500 $110,200

Michelangelo Apartments receives rental subsidies through HUD-Assisted Housing for some or all of its apartments. Some units may be designated as market rate housing.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. Market rate units would have no subsidies or income restrictions.

Figuring out income and rent limits for affordable housing can be complex when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.