922 Main St., Peekskill, NY 10566
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $922 - 1,661 per Month† | 1 - 2 Beds | 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.
The Lofts on Main is a unique and affordable artist community in the heart of the City of Peekskill’s Artist District. Consisting of seventy-five (75) two-story loft style apartments, the Lofts on Main is comprised of two (2) buildings, one residential and one mixed use. Of the seventy-five loft apartments, fifty (50) will have a preference for those involved in artistic or literary activities.
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 The Lofts on Main 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 |
|---|---|---|
| One Bedroom (Artist) (1/1) | - | $922† |
| One Bedroom (Non-Artist) (1/1) | - | $1,463† |
| Two Bedroom (Artist) (2/1) | - | $1,099† |
| Two Bedroom (Non-Artist) (2/1) | - | $1,661† |
Does The Lofts on Main have a waiting list?
The Lofts on Main 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 The Lofts on Main?
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 The Lofts on Main?
The Lofts on Main is managed by Kearney Realty & Development Group headquartered in Baldwin Place , New York.
In addition to The Lofts on Main, how many other affordable housing properties (and units) are there in Peekskill?
In addition to The Lofts on Main, we list 8 other affordable properties in Peekskill. Learn about these properties here. Our data research shows that there are a total of 998 affordable units in Peekskill.
When was the The Lofts on Main listing last updated?
The Lofts on Main listing on Affordable Housing Online was last updated on 05/07/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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