Schoolhouse Terrace at The Ridgeway, as the complex is now known, offers an affordable apartment stylishly designed to fit any lifestyle. The building was created with the residents’ comfort and convenience in mind. The complex’s close proximity to the Hudson River Museum and Yonkers Raceway are just a couple of the local attractions residents can experience. There is also on-site entertainment that provides the perfect retreat from the busy world, and complements the community room where the residents can spend time together.
On-Site Educational Partnership with New Rochelle College.
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|Two Bedroom One Bath (2/1)||-||Call for Price|
|Three Bedroom Two Bath (3/2)||-||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.
Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.
Schoolhouse Terrace at The Ridgeway is managed by The Community Builders, Inc..