A question about renting low income housing with income restructions. (apartment, evict)

[Amber Trystan]

Hi All,

I'm in Manhattan working a commission based job and I am looking to rent an apartment that has income restrictions. My last years tax returns are just below the income restrictions but this year, so far I am doing better. Will that affect my application? Some months are better than others.

Also I am wondering what happens if I get the apartment but my salary goes up, will they evict me?

Thanks for the help.

[virgode]

The link below is for NYC income based housing.

Any site thats tax credit has to comply and are monitered by the government/state.
When your renewal comes up, thats when you'll need to provide proof that you are still within their criteria for reduced housing in order to remain, but I can't tell you anything about your particular site and how closely they're monitored(by state/gov) if at all, you could also be asked to pay full market value, its difficult to give you an answer. You might want to contact them and ask that question.


NYC Affordable Housing Resource Center