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Huge development coming up with plenty of affordable housing units available(not listed on hpd.gov website yet). I thought everyone here on this site should know.
44th Street Development LLC is pleased to announce that applications are now being accepted for 682 affordable housing rental apartments now under construction at 510-550 West 45th Street in the Clinton section of Manhattan. The buildings are being constructed through the Inclusionary Housing Program of the New York City’s Department of Housing Preservation and Development (HPD) with financing provided by New York State Housing Finance Agency (HFA). - quoted from site
I applied for my mom and I plan on sending the application this Monday. I hope that we get asked to be interviewed. I'm in my second year of college at NYU and it is hard sharing a room with my mom and to have to commute 2 hours daily. I hope to be considered for a two bedroom and the West 45 apartments are not as far away as my current apartment. What are the chances of this? I have applied to over 5 of these apartment lotteries and just realized that all of the scholarships that I have be awarded do not count as income even though it says that they should be listed.
Perhaps I'm not reading the chart correctly. However, I see that if you are an individual making 72K per year that somehow you are supposed to be able to afford $2042 per month for a 1 bedroom. However, if there are two people in the unit than total household income cannot exceed $89,640. Huh? It seems like it would be more affordable if both occupants were allowed to make up to 72K each.
I applied for my mom and I plan on sending the application this Monday. I hope that we get asked to be interviewed. I'm in my second year of college at NYU and it is hard sharing a room with my mom and to have to commute 2 hours daily. I hope to be considered for a two bedroom and the West 45 apartments are not as far away as my current apartment. What are the chances of this? I have applied to over 5 of these apartment lotteries and just realized that all of the scholarships that I have be awarded do not count as income even though it says that they should be listed.
If you don't live that far away I can guarantee you 99% that you'll be selected for an interview. I believe scholarships will only be counted as income if your scholarship writes you out a check that you could spend on anything but you can withhold from telling them since its hard to trace that money once you cash it unless if you deposit in your bank.
The majority of these apartments are not affordable. Some people will be paying 35% of their income. On top of that you'll have to pay for Electric. Not to mention the fact that you'll be paying more just to live in the neighborhood.
Perhaps I'm not reading the chart correctly. However, I see that if you are an individual making 72K per year that somehow you are supposed to be able to afford $2042 per month for a 1 bedroom. However, if there are two people in the unit than total household income cannot exceed $89,640. Huh? It seems like it would be more affordable if both occupants were allowed to make up to 72K each.
If you are making $72k a year then that is affordable. Plus its 4 brand new towers with lots of amenities so I think its a steal.
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