About This Property
Genesis Homes Refinance 2015 is a 150-unit affordable housing property in Kings County, New York that serves homeless populations. The community offers a mix of one-, two-, three-, and four-bedroom units, with 78 two-bedroom and 52 three-bedroom apartments among its inventory. The property has been in service since 2017 and operates under 9% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Kings County, NY
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $2,386 |
| 1 Bedroom | $2,451 |
| 2 Bedroom | $2,752 |
| 3 Bedroom | $3,434 |
| 4 Bedroom | $3,700 |
Income Limits - Kings County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $25,100
- Very Low (50%)
- $41,800
- Low (80%)
- $66,850
- Extremely Low (30%)
- $28,650
- Very Low (50%)
- $47,750
- Low (80%)
- $76,400
- Extremely Low (30%)
- $32,250
- Very Low (50%)
- $53,700
- Low (80%)
- $85,950
- Extremely Low (30%)
- $35,800
- Very Low (50%)
- $59,650
- Low (80%)
- $95,450
- Extremely Low (30%)
- $38,700
- Very Low (50%)
- $64,450
- Low (80%)
- $103,100
- Extremely Low (30%)
- $41,550
- Very Low (50%)
- $69,200
- Low (80%)
- $110,750
- Extremely Low (30%)
- $44,400
- Very Low (50%)
- $74,000
- Low (80%)
- $118,400
- Extremely Low (30%)
- $47,300
- Very Low (50%)
- $78,750
- Low (80%)
- $126,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $25,100 | $41,800 | $66,850 |
| 2 Persons | $28,650 | $47,750 | $76,400 |
| 3 Persons | $32,250 | $53,700 | $85,950 |
| 4 Persons | $35,800 | $59,650 | $95,450 |
| 5 Persons | $38,700 | $64,450 | $103,100 |
| 6 Persons | $41,550 | $69,200 | $110,750 |
| 7 Persons | $44,400 | $74,000 | $118,400 |
| 8 Persons | $47,300 | $78,750 | $126,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Brooklyn, NY?+
The Fair Market Rent (FMR) for Kings County, NY is: $2386 (Studio), $2451 (1BR), $2752 (2BR), $3434 (3BR), $3700 (4BR). Actual rent at subsidized properties like Genesis Homes Refinance 2015 is typically 30% of household income or less.
What size apartments are available at Genesis Homes Refinance 2015?+
Genesis Homes Refinance 2015 offers the following unit types: 18 One-Bedroom, 78 Two-Bedroom, 52 Three-Bedroom, 2 Four-Bedroom units, for a total of 150 units.
What are the income limits for affordable housing in Kings County, NY?+
For a 4-person household in Kings County, NY, the income limits are: Extremely Low Income (30% AMI): $35,800, Very Low Income (50% AMI): $59,650, Low Income (80% AMI): $95,450. These limits are set by HUD and updated annually.
What is the price range for apartments in Brooklyn, NY?+
Based on Fair Market Rent for Kings County, the estimated price range is: 1-bedroom: $2451, 2-bedroom: $2752, 3-bedroom: $3434. Actual rent at Genesis Homes Refinance 2015 may be lower for income-eligible households.
Who is eligible to live at Genesis Homes Refinance 2015?+
Genesis Homes Refinance 2015 primarily serves formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Genesis Homes Refinance 2015?+
Genesis Homes Refinance 2015 is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Genesis Homes Refinance 2015?+
Genesis Homes Refinance 2015 is managed by . You can reach them at . Visit their website for more information.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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