U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > New York > New York City
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 04-22-2014, 01:13 PM
 
2 posts, read 16,126 times
Reputation: 10

Advertisements

Hi, I applied Confucius plaza(Mitchell lama housing-co op) and got letter from management office on 8/6/2013. (My application number is 2X and they stated that I am now officially placed on the studio waiting list.)After the letter, I do not get any letter from the management office. I already send "money order" when I got the letter.

My Questions are...
1)Their requested income limits was $48,100-55,100. However, my income is $42,000.(When I filled out the application, I wrote only $42,000.) And I have cash job and make $600/month. However, I do not tax report regarding my cash job. Is it still eligible?

2) According to the advertisement of the housing, carrying charge is $298.46 or 30% of gross income, whichever is greater. I cannot understand on the stances. Does it mean I pay $298 or 30% of gross income as rent? If I pay 30% of gross income as rent, it is not Mitchell lama program... My question is...How much I pay as rent at the Confucius plaza housing(studio)?

3) What's mean "Purchase price"? I heard that I have to pay some of money when I get the Mitchell lama housing. According to the advertisement of the housing, the purchase price is $1425.

4) I got the application number (#2x) on Aug 2013 and I wonder when I get the apartment?

Thank you so much for paying attention.

Last edited by chahh; 04-22-2014 at 02:40 PM..
Reply With Quote Quick reply to this message

 
Old 04-23-2014, 10:25 AM
 
Location: Manhattan
20,129 posts, read 26,407,309 times
Reputation: 9021
Don't worry.
If you are Chinese you will get in, otherwise you will not.
That's the way it works at that joint.

But they might hold you to the letter of the law...$42,000 is not enough and telling them that you are earning fraudulent money "off the books" will not help. Now don't you wish you had reported your ACTUAL income and perhaps paid the taxes you owed?

If your income is $42,000 you will pay 30% or $12,600 per year, $1050 per month.
If you had reported your income honestly, you'd have reported $49,400 and your rent would be $1235.

It's a co-op by the way and the $1425 buy in is probably $14,2500.

But really, if you are Chinese they will fiddle the numbers in your favor. I know a single guy with a 3 bedroom apartment in CP with a view you'd kill for...He's Chinese.

Last edited by Kefir King; 04-23-2014 at 10:45 AM..
Reply With Quote Quick reply to this message
 
Old 04-23-2014, 10:32 AM
 
8,750 posts, read 15,550,014 times
Reputation: 4168
If you do not fall between the maximum income and minimum you will be rejected, whether you are chinese, croatian, or bolivian. Your unreported cash income from another job is irrelevant and won't be included in your application, as they only consider reported income.

Keep looking for housing which meets your income.
Reply With Quote Quick reply to this message
 
Old 04-23-2014, 11:41 AM
 
2 posts, read 16,126 times
Reputation: 10
Ok...my application number is 2x now. How long take a time to get the apartment? During waiting the interview, I will try to look for other second job which can tax-report. I think that is the best way for matching the requested income limit.
Reply With Quote Quick reply to this message
 
Old 04-23-2014, 11:49 AM
 
3,445 posts, read 4,825,308 times
Reputation: 6073
Quote:
Originally Posted by Kefir King View Post
Don't worry.
If you are Chinese you will get in, otherwise you will not.
That's the way it works at that joint.

But they might hold you to the letter of the law...$42,000 is not enough and telling them that you are earning fraudulent money "off the books" will not help. Now don't you wish you had reported your ACTUAL income and perhaps paid the taxes you owed?

If your income is $42,000 you will pay 30% or $12,600 per year, $1050 per month.
If you had reported your income honestly, you'd have reported $49,400 and your rent would be $1235.

It's a co-op by the way and the $1425 buy in is probably $14,2500.

But really, if you are Chinese they will fiddle the numbers in your favor. I know a single guy with a 3 bedroom apartment in CP with a view you'd kill for...He's Chinese.
Are you saying that there is racial discrimination in public housing. Cant be...this is the Paradise of DeBlasio...that isn't allowed in the rainbow of a sewer.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > New York > New York City
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top