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 05-16-2014, 07:04 PM
 
98 posts, read 128,861 times
Reputation: 33

Advertisements

I don't know. They don't specify the limit if you only have 2 people for a 1BR. I make about $65k, she makes about $20k. For Inwood Terrace they tell you to subtract up to $20k from the secondary wage earner's income on the application, so I'm still good there
Quick reply to this message

 
Old 05-16-2014, 08:13 PM
 
252 posts, read 468,346 times
Reputation: 69
Quote:
Originally Posted by LexAveExp5 View Post
I don't know. They don't specify the limit if you only have 2 people for a 1BR. I make about $65k, she makes about $20k. For Inwood Terrace they tell you to subtract up to $20k from the secondary wage earner's income on the application, so I'm still good there

Lexave-
You should be fine for Masaryk. Have you been on the Inwood Terrace list long? The building looks pretty nice I actually walk by it everyday and I was nosey one day and went into the lobby to look around (lol)...and its really clean and nice int he lobby. Not sure if I am going to apply though because the area is iffy. I like Masaryk a lot better but that might be because I am very familiar with the area and used to live around there.
Quick reply to this message
 
Old 05-17-2014, 04:46 AM
 
2 posts, read 3,776 times
Reputation: 10
Where do I sign up?
Quick reply to this message
 
Old 05-17-2014, 10:34 AM
 
Location: New York City
321 posts, read 522,812 times
Reputation: 43
@terrans83

You're to late for Masaryk Towers but you can look in the newspaper online etc. These lotteries open up from time to time.
Quick reply to this message
 
Old 05-18-2014, 09:44 AM
 
98 posts, read 128,861 times
Reputation: 33
Quote:
Originally Posted by meli722 View Post
Lexave-
You should be fine for Masaryk. Have you been on the Inwood Terrace list long? The building looks pretty nice I actually walk by it everyday and I was nosey one day and went into the lobby to look around (lol)...and its really clean and nice int he lobby. Not sure if I am going to apply though because the area is iffy. I like Masaryk a lot better but that might be because I am very familiar with the area and used to live around there.
How am I fine for Masaryk when the higher income limits are for families with a higher number of occupants? I've been on the Inwood Terrace list since they put the ad in the newspaper last summer. It's only moved 4 spots since then! I'm no expert but I feel Inwood is probably safer than living between a million projects
Quick reply to this message
 
Old 05-18-2014, 10:13 AM
 
252 posts, read 468,346 times
Reputation: 69
Quote:
Originally Posted by LexAveExp5 View Post
How am I fine for Masaryk when the higher income limits are for families with a higher number of occupants? I've been on the Inwood Terrace list since they put the ad in the newspaper last summer. It's only moved 4 spots since then! I'm no expert but I feel Inwood is probably safer than living between a million projects
I cant find the ad but I believe it said for a onw bdrm limit was 96k, you said you and her make about 85k combined so thats why I said you should be fine. Inwood is not bad I would live there even though that area is HEAVY in drugs. But masaryk is more desireable just because it is lower manhattan, close to trains and buses, walking distance to nice neighborhoods etc. property is more desireable there then in Inwood. I have lived in Inwood before so I would live there again just prefer lower manhattan
Quick reply to this message
 
Old 05-18-2014, 10:35 AM
 
98 posts, read 128,861 times
Reputation: 33
I believe you can only make 96k if you have 3 occupants. The income range they give isn't min-max, it's max(1 person) - max(3 people)
Quick reply to this message
 
Old 05-18-2014, 10:41 AM
 
252 posts, read 468,346 times
Reputation: 69
Quote:
Originally Posted by LexAveExp5 View Post
I believe you can only make 96k if you have 3 occupants. The income range they give isn't min-max, it's max(1 person) - max(3 people)
So maybe in wrong then. From my understanding it was 30k-96k fr a one bdrm and you can have one to three occupants. But I didnt know it was dependent on how many people were in the apartment. I just thought lets say if youre one person you have to be in between 30 and 96.
I live in a lottery building and the income limit was like that min to max and it didnt matter how many people I had on the application , just as long as I didnt go over the max income.
Quick reply to this message
 
Old 05-18-2014, 10:50 AM
 
252 posts, read 468,346 times
Reputation: 69
Lexave--
Just found the ad online. It says 30-96k one bedroom one to three people allowed then it says the income min and max depends on how many people in the household. So I think youll be fine with yourself and your gf combined income because you guys didnt go over the 96
Quick reply to this message
 
Old 05-18-2014, 11:42 AM
 
429 posts, read 680,886 times
Reputation: 167
Quote:
Originally Posted by LexAveExp5 View Post
I believe you can only make 96k if you have 3 occupants. The income range they give isn't min-max, it's max(1 person) - max(3 people)
These are the general limits from off HPD's site, although it also says " In addition, each development sets its own restrictions and limitations." I know the max for a studio (1-2 people) in the last lottery was $61K but the monthly charge for those apartments is about 60% of what they charge for a 1 bed (plus limits may have been adjusted after the Census as AMI's go up) so I think the income limits for the 1 beds are very likely what is set forth below.

Quote:
For all non-federally-assisted and federally-assisted cooperative developments an applicant's adjusted annual household income must not exceed the limit below

Household Size Income Limit
1 $75,156.25
2 $85,937.50
3 $96,640.63
4 $107,343.75
5 $115,937.50
6 $124,531.25
7 $133,125.00
8 $141,718.75
HPD - Apartment Seekers - Mitchell-Lama Housing

Last edited by popartist; 05-18-2014 at 11:57 AM..
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.


 
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:


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
Similar Threads
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