Landlords generally want a 40X rent to income ratio. That is number people actually have to live off.įurther deductions from gross income include health insurance, retirement and other savings, union dues and other amounts. In HCL state and city of New York *NET* income easily is one-third less after federal, state and local taxes are deducted from paychecks. Numbers mentioned are *GROSS* income which no one actually takes home. Only send one application per development. To request an application by mail, send a self-addressed envelope to: 101 West End Avenue c/o CMP Consultants, Inc PO Box 910, Valley Stream NY 11582. The site also has helpful guides to applying for affordable housing. Click on open lotteries, then the ad for the building, and scroll down to the application. To request an application go to NYC Housing Connect. “Units will come with air conditioning, stainless steel and Energy Star appliances, quartz countertops, and some residences will have private outdoor space.”Īpplications must be postmarked or submitted online no later than January 27, 2022. Cooking gas, heat, hot and cold water are included.Īmenities include pet-friendly policies, a shared laundry room, gym, children’s playroom, rooftop terrace and access to an on-site resident manager and concierge, according to NY YIMBY. Tenants are responsible for electricity, the city says. For the two-bedrooms that means that a household making as much as $167,570 can apply. The lottery is for people making up to 130% of the area median income. There are 26 units available, including 5 studios, 19 one-bedrooms and 2 two-bedrooms. Photograph via NYC Housing Connect.Īn affordable housing lottery has been launched for 101 West End Avenue, a recently renovated 35-story, residential building located at West 64th Street, a block from Riverside Park South.
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