Madam CJ Walker Houses

Madam CJ Walker Houses Apartment Details

Madam CJ Walker Houses is a Low-Income Housing Tax Credit apartment located New York, NY.
If you are looking for an affordable housing option, these rental apartments are supported by the LIHTC and having the applicable program rent and income restrictions.
The LIHTC gives incentives to builders and developers to provide affordable housing to low income persons. The maximum rent charged is based on the AMI, Area Median Income. This apartment may still be unaffordable to low income persons due to this AMI. Check the current rental rates to see if this is affordable to you. There are 40 low income apartments located here.

This program provides financing for affordable rental housing reserved for people earning a maximum income of up to $32,280 for an individual and up to $46,080 for a family of four (or 60% AMI).  Apartments created through this program are able to be rented out at affordable rents because of the low-cost financing offered through HDC.  Loans are provided to private for-profit and non-profit developers in the form of first mortgages, which are made through the proceeds from the sale of tax-exempt bonds.  Second mortgages are also used with this program and are funded through HDCs corporate reserves and typically provided at a 1% interest rate.  Furthermore, by using tax-exempt bonds the development automatically receives as of right 4% Federal Low Income Housing Tax Credits, which helps to further the affordability of these apartments.
Most apartments these days have waiting lists. We provide this listing so you can contact them directly at the number provided to see if you can apply and qualify to live here.
If you find this listing is no longer low income, or the phone number is incorrect, please contact us using the online form below.

TIP: Knowing About LIHTC (Low Income Tax Credit) units for rent. Income from all of the adults expected to reside at this apartment must be included and verified at application time. Call for more details.
1 bedroom apartments at location
2 bedroom apartments at location
3 bedroom apartments at location

Important information
Waiting Lists
Most low income apartments have waiting lists. Some of these lists can take years until you can be called for openings. The key is to try to get on as many waiting lists as possible.

Call The Apartments Directly
We provide phone numbers and websites. Call the apartments directly if they have openings or open waiting lists.

Apartment Rates
We provide current apartment rates on many listing pages. Most HUD listings do not have published rates. They are based on 30% of the renters adjustable gross income. You will need to contact the apartments to determine if you qualify for income based rent.

Apartment Rental and informational statistics for zip code

Median apartment rental rate in this zip code	$965
Population in zip code	27,854
Median age of those living in this zip code	35.1
Average household income of those living in this zip code	$42,278