About This Property
Hour Apartment House III comprises 18 low-income units in Long Island City, Queens, serving homeless individuals and families. The property includes 15 two-bedroom and 3 three-bedroom apartments and has been in service since 2013 through a 9% Low-Income Housing Tax Credit program. A non-profit organization owns and manages the building.
Property Details
Fair Market Rent - Queens 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 - Queens 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 Long Island City, NY?+
The Fair Market Rent (FMR) for Queens County, NY is: $2386 (Studio), $2451 (1BR), $2752 (2BR), $3434 (3BR), $3700 (4BR). Actual rent at subsidized properties like Hour Apartment House Iii is typically 30% of household income or less.
What size apartments are available at Hour Apartment House Iii?+
Hour Apartment House Iii offers the following unit types: 15 Two-Bedroom, 3 Three-Bedroom units, for a total of 18 units.
Who is eligible to live at Hour Apartment House Iii?+
Hour Apartment House Iii primarily serves formerly homeless individuals, HIV/AIDS, Substance abuse. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Queens County, NY?+
For a 4-person household in Queens 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 Long Island City, NY?+
Based on Fair Market Rent for Queens County, the estimated price range is: 2-bedroom: $2752, 3-bedroom: $3434. Actual rent at Hour Apartment House Iii may be lower for income-eligible households.
How do I apply for housing at Hour Apartment House Iii?+
Hour Apartment House Iii 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 Hour Apartment House Iii?+
Hour Apartment House Iii is managed by . You can reach them at . Visit their website for more information.
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
