411 E 178th St., New York City, NY 10457
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio Bed | 1 Bath | - |
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.
Webster Avenue supportive residence provides 170 microstudio apartments for formerly homeless single adults - many living with HIV/AIDS or special needs - and low-income working adults from the Bronx community. The ground floor houses building common areas, offices for supportive services, and a medical suite. The building also features recreational space including an exercise room, computer lab, and a landscaped courtyard which connects to Webster's adjacent residence, Park House. Together, Park House and Webster provide 418 units of supportive and affordable housing in the Tremont section of the Bronx.
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 Webster Avenue 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | - | Call for Price† |
| AMI* | 1 person |
|---|---|
| 30% AMI for PBRA Units | $29,650 / year |
| 50% AMI for LIHTC Units | $49,450 / year |
| 50% AMI for PBRA Units | $49,450 / year |
| 60% AMI for LIHTC Units | $59,340 / year |
| 80% AMI for PBRA Units | $79,200 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Webster Avenue have a waiting list?
Webster Avenue 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 Webster Avenue?
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 Webster Avenue?
Webster Avenue is managed by Breaking Ground headquartered in New York, New York.
In addition to Webster Avenue, how many other affordable housing properties (and units) are there in New York City?
In addition to Webster Avenue, 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 Webster Avenue listing last updated?
Webster Avenue listing on Affordable Housing Online was last updated on 05/16/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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