NYCHA studio apartment rent Max? (2013, tenants, incomes)

[TyHustle]

Is it true that the NYCHA cannot charge you above a certain amount for a studio apartment even if it's less than 30 percent of your income and if true does anyone know what that max rent is?

[Kefir King]

I am not welll versed in NYCHA machinations but from what I can find on line it looks like you are referring to the "flat rent" that is the ceiling rent if your income goes above the max.
It was recently raised in 2009 and affects about 28% of the tenants.

In 2009 the flat rent for studios went from $500 to $575 for those with incomes above $43,000.

http://www.nyc.gov/html/nycha/downlo..._2009_2010.pdf

Nobody in 2010 paid more than $575/month.

I am not sure what changes, if any were applied since then. But since the Federall government called the cost of living increase ZERO for the peiod <ha,ha,ha> probably there were no changes in the rent structure.


But I ran ANOTHER worksheet and that inplied that while $575 would be the top in Year ONE, the flat rent ceiling for year TWO would be $661 ?????

But remember, the amount can never go above 30% of your income.

[livingsinglenyc]

Wow, people are only paying $575 rent when they make in the $40,000 range.
Suddenly I feel like a fool for paying market rent when I only make in the $20,000

[Kefir King]

Okay,

More current news, as of last month. NYCHA is trying to implement more drastic changes to the "flat rent" effective 2013 and beyond and there is going to be public hearing on July 25...that's Wednesday.
It really looks like the higher earners in Public Housing are going to have to pull more of their own weight.

Here's some good info. (Note they didn't mention studios, but they are proposing a $200 hike in 1 bedroom apts, from $804 to $1024)

Some Public Housing Tenants Say Possible Rent Hike Is 'Class Warfare' - WNYC

[SeventhFloor]

Originally Posted by livingsinglenyc

Wow, people are only paying $575 rent when they make in the $40,000 range.
Suddenly I feel like a fool for paying market rent when I only make in the $20,000

Tell me about it.

[wordlife]

That's interesting, I thought NYCHA followed flat rent guidelines that other HUD developments in the metro area follow. I know quite a few developments outside of the five boroughs where people living in projects are/have the option to pay market rates (bypassing the paperwork) in their development. It's a bit backwards though, if you can afford market rates then why live in the projects?

[TyHustle]

Originally Posted by Kefir King

I am not welll versed in NYCHA machinations but from what I can find on line it looks like you are referring to the "flat rent" that is the ceiling rent if your income goes above the max.
It was recently raised in 2009 and affects about 28% of the tenants.

In 2009 the flat rent for studios went from $500 to $575 for those with incomes above $43,000.

http://www.nyc.gov/html/nycha/downlo..._2009_2010.pdf

Nobody in 2010 paid more than $575/month.

I am not sure what changes, if any were applied since then. But since the Federall government called the cost of living increase ZERO for the peiod <ha,ha,ha> probably there were no changes in the rent structure.


But I ran ANOTHER worksheet and that inplied that while $575 would be the top in Year ONE, the flat rent ceiling for year TWO would be $661 ?????

But remember, the amount can never go above 30% of your income.

Thank you! for the info

[Kefir King]

It's a bit backwards though, if you can afford market rates

Thing is that what the NYCHA has historically CALLED market rate was actually far below real market rents.

I thought NYCHA followed flat rent guidelines that other HUD developments in the metro area follow.

I think that ultimately, NYCHA will be slapped down by HUD who has the last word on all these rent guidelines. There's usually a LOT of federal money usually in these projects and when there is HUD is the ultimate rulemaker.

[TyHustle]

Originally Posted by Kefir King

Thing is that what the NYCHA has historically CALLED market rate was actually far below real market rents.


I think that ultimately, NYCHA will be slapped down by HUD who has the last word on all these rent guidelines. There's usually a LOT of federal money usually in these projects and when there is HUD is the ultimate rulemaker.

Did you apply for housing with NYCHA and did you get it?

[jasnery]

Originally Posted by wordlife

That's interesting, I thought NYCHA followed flat rent guidelines that other HUD developments in the metro area follow. I know quite a few developments outside of the five boroughs where people living in projects are/have the option to pay market rates (bypassing the paperwork) in their development. It's a bit backwards though, if you can afford market rates then why live in the projects?

Living in the Projects is not that bad, just try to get one that it's convenient for you, and the good part is that if something were to happen to you in terms of loosing your job, yoou pay depending on your income..