HPP– Achieving an optimal equilibrium between luxury and affordability can prove to be a formidable task; however, a newly developed project in Brooklyn is successfully providing this very combination. This property offers a diverse selection of upscale amenities and affordable housing options, ranging from studio to three-bedroom apartments, per New York City’s Inclusionary Housing Program and the 421a Tax Incentive Program.
A certain percentage of units is allocated for applicants with mobility, visual, or auditory impairments. Furthermore, priority is accorded to:
- Residents of Brooklyn Community Board 5
- NYC employees
Also Read: Affordable NYC Housing Options: Rentals for $1,000 or Less Through Housing Connect
This building is a participant in the Affordable Housing Program, offering income-restricted apartments at rents that are below the prevailing market rates. Monthly rental prices vary from $823 for studio apartments to $4,376 for larger units, contingent upon income eligibility criteria. Income thresholds and household size criteria are established to guarantee accessibility for a broad spectrum of applicants.
The deadline for applications is January 24, 2025. You can apply at NYC Housing Connect.
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