astoria cove rent worksheet

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Affordable rental figures

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  • Inclusionary Housing Program Maximum Income and Rent

    Maximum Rent Worksheet_091814 9/18/2014

    The maximum rent and income guidelines listed below are subject to change.

    LOW INCOME UNITS

    For households with incomes up to 80% of AMIIncome

    Limit0 1 $47,000 $1,175 $1,126 $1,158 $1,1091 1.5 $50,350 $1,258 $1,208 $1,240 $1,1902 3 $60,400 $1,510 $1,458 $1,492 $1,4403 4.5 $69,800 $1,745 $1,683 $1,726 $1,664

    Figures based on 2014 FMR Derived NYC Area Median Income of $83,900

    For households with incomes at or below 125% of AMIIncome

    Limit0 1 $73,500 $1,837 $1,788 $1,820 $1,7711 1.5 $78,750 $1,968 $1,918 $1,950 $1,9002 3 $94,500 $2,362 $2,310 $2,344 $2,2923 4.5 $109,125 $2,728 $2,666 $2,709 $2,647

    Figures based on 2014 FMR Derived NYC Area Median Income of $83,900

    For households with incomes at or below 175% of AMIIncomeLimit

    0 1 $102,900 $2,572 $2,523 $2,555 $2,5061 1.5 $110,250 $2,756 $2,706 $2,738 $2,6882 3 $132,300 $3,307 $3,255 $3,289 $3,2373 4.5 $152,775 $3,819 $3,757 $3,800 $3,738

    Figures based on 2014 FMR Derived NYC Area Median Income of $83,900

    NOTE: Initial rents must not exceed 30% of the applicable income limit.

    Tenant Pays Gas & Electricty

    Tenant Pays Gas & Electricty

    Tenant Pays Gas & Electricty

    Tenant Pays No Utilities

    Tenant Pays No Utilities

    Tenant Pays Electricity Tenant Pays Gas

    Tenant Pays Electricity

    Tenant Pays Gas

    MIDDLE INCOME UNITS

    Tenant Pays Gas

    Rent and income limits for individual projects may be lower and subject to additional restrictions, depending on the particular project. For more specifics regarding individual projects please contact Inclusionary Housing Program staff. For additional information on the Inclusionary Housing Program please visit the following website: http://www.nyc.gov/html/hpd/html/developers/inclusionary.shtml

    # of Bdrms Household Size

    # of Bdrms Household SizeTenant Pays No

    UtilitiesTenant Pays Electricity

    # of Bdrms Household Size

    MODERATE INCOME UNITS

    2014 HUD limits