Corona Senior Residence

54-25 101st Street, Queens, New York 11368

This 57,675 sf, 8-story 68-unit affordable housing apartment building for low-income seniors will meet the NYSERDA Multifamily Performance Standards for Energy Star Certification as well as the Enterprise Green Communities Criteria. It and will also be the first affordable senior housing development in the United States to meet the Passive House Institute design standards.

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Corona Senior Residence Details

  • 67 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground

Low-Income Housing Tax Credit (LIHTC)

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.

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