A “Building Brooklyn Awards” winner, State Renaissance Court is an exemplary building, which is home to 158 families. It is located in the center of Brooklyn’s new hot spot and is a short walk to the exciting locales of Smith Street with its quaint restaurants, Atlantic Avenue with its small shops, and Fort Greene/Downtown area with its shopping and theaters. With a personable onsite manager State Renaissance offers a unique and pleasant living experience.
|2 Bedroom (2/2)||-||Call for Price|
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in New York City but actual income limits may differ for units at State Renaissance Court.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$41,800||$47,750||$53,700||$59,650||$64,450||$69,200||$74,000||$78,750|
|Low Income (60%)||$50,160||$57,300||$64,440||$71,580||$77,340||$83,040||$88,800||$94,500|