Martense Street Apartments Brooklyn

About This Building

Affordable Housing Option in Brooklyn: Martense Street Apartments Martense Street Apartments Brooklyn offers a unique opportunity for those seeking low-income housing in this vibrant city. Supported by the Low-Income Housing Tax Credit (LIHTC) program, these rental apartments come with program rent and income restrictions, making them ideal for individuals looking for affordable housing options. Incentivizing Affordable Housing: The LIHTC program provides incentives to builders and developers to ensure that housing remains accessible for low-income individuals. This means that the maximum rent charged for these apartments is based on the Area Median Income (AMI). However, it's important to note that the AMI may still pose affordability challenges for some low-income individuals. Determining Affordability: Before making any decisions, it is crucial to check the current rental rates to determine if Martense Street Apartments fits within your budget. We understand that every individual has different financial circumstances, and it's important to ensure that you can comfortably afford the monthly rent. A Limited Number of Apartments: Martense Street Apartments offers a total of 26 low-income apartments. Given the high demand for affordable housing, it is common for apartments to have waiting lists. However, we provide this listing to allow you to directly contact the management and inquire about the application process and qualification criteria. Understanding Application Requirements: When applying for an apartment at Martense Street, it is essential to include and verify the income of all adults who will be residing in the apartment. This information will determine your eligibility for the program. For more details on the application process, feel free to reach out to the contact number provided. Various Apartment Sizes: Martense Street Apartments offers a range of apartment sizes to cater to different needs. Whether you're looking for a cozy one-bedroom apartment, a spacious two-bedroom unit, or a comfortable three-bedroom home, there are options available to suit your specific requirements. In conclusion, Martense Street Apartments Brooklyn is an ideal choice for individuals searching for affordable housing options. The LIHTC program's support ensures that these apartments remain accessible to low-income individuals, although the AMI may still pose challenges for some. We encourage you to contact the management directly to learn more about applying and qualifying for these apartments.