Affordable Housing In Richmond County
New York

38 Low Income Apartment Communities In Richmond County

Terrace Gardens

195 Steuben St
New York City, NY
Call For Rent
1-3 BR
HCV Welcome
Subsidized

Lafayette Manor

226 Fillmore St
New York City, NY
62+
Accessible
Elderly Supportive Housing
Subsidized

Parkhill I Apartments

140 Park Hill Ave
New York City, NY
Subsidized

Richmond Gardens

247 Jersey St
New York City, NY
Subsidized

Joseph House

101 Myrtle Ave
New York City, NY
62+
Accessible
Elderly Supportive Housing
Subsidized

Castleton Manor

35 Gordon St
New York City, NY
62+
Accessible
Elderly Supportive Housing
Subsidized

Markham Gardens

Richmond Terrace
New York City, NY
62+
Accessible
Elderly Supportive Housing
Subsidized

Allied Manor

800 Manor Rd
New York City, NY
Subsidized

Seaview Manor

150 Brielle Ave
New York City, NY
62+
Accessible
Elderly Supportive Housing
Subsidized

Senior Louise Demarillac Manor

9 Hygeia Pl
New York City, NY
Accessible
Disabled Supportive Housing
Subsidized

Housing Authorities that serve Richmond County

Housing Authority Programs
New York State Homes and Community Renewal Section 8 Housing Choice Voucher (HCV)
New York City Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Richmond County, New York

There are 38 low income housing apartment communities offering 9,816 affordable apartments for rent in Richmond County, New York. Richmond County features 8,381 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 1,435 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Richmond County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Richmond County, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 38
Total Low Income Apartments 9,816
Total Housing Units with Rental Assistance 8,381
Percentage of Housing Units Occupied By Renters 31.24%
Average Renter Household Size 2.48
Average Household Size 2.81
Median Household Income $73,197 ±$1,178
Median Rent $1,169 ±$17
Percentage Of Renters Overburdened 48.71% ± 1.81pp
Total Population 472,481

Population and Household Demographics

Richmond County is a County in New York with a population of 472,481. There are 165,784 households in the county with an average household size of 2.81 persons. 31.24% of households in Richmond County are renters.

Income and Rent Overburden in Richmond County

The median gross income for households in Richmond County is $73,197 a year, or $6,100 a month. The median rent for the county is $1,169 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Richmond County, a household making less than $3,897 a month would be considered overburdened when renting an apartment at or above the median rent. 48.71% of households who rent are overburdened in Richmond County.1

Area Median Income In Richmond County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Richmond County, HUD calculates the Area Median Income for a family of four as $75,500

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Richmond County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Richmond County HUD Rental Assistance in Richmond County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $22,400 $25,600 $28,800 $32,000 $34,600 $37,150 $39,700 $43,430
50% of Median $37,350 $42,700 $48,050 $53,350 $57,650 $61,900 $66,200 $70,450
80% of Median $59,750 $68,300 $76,850 $85,350 $92,200 $99,050 $105,850 $112,700
Low Income Housing Tax Credits in Richmond County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1991 to 2012, 15 low income apartment communities containing 2,006 rental apartments have been constructed and made affordable to low income persons in Richmond County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Richmond County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $37,350 $42,700 $48,050 $53,350 $57,650 $61,900 $66,200 $70,450
60% of Median $44,820 $51,240 $57,660 $64,020 $69,180 $74,280 $79,440 $84,540

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Richmond County is $57,660 a year, or $4,805 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $4,805 by 30% to get a maximum rent of $1,442 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $934 $1,001 $1,201 $1,388 $1,548 $1,708
60% $1,121 $1,201 $1,442 $1,665 $1,857 $2,050
Fair Market Rents in Richmond County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$1,665 $1,714 $1,951 $2,472 $2,643

Cities In Richmond County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Staten Island 0 The HUD funded Public Housing Agencies that serve Staten Island are the New York City Housing Authority and New York State Homes and Community Renewal.
New York City 2,471 The HUD funded Public Housing Agencies that serve New York City are the New York City Deptartment of Housing Preservation and Development, New York State Homes and Community Renewal and New York City Housing Authority.