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Of six affordable units, available by lottery, the complex includes five one-bedroom apartments ($1,616 a month) and one two-bedroom apartment ($1,776 a month). Utilities are not included ...
Most of the apartments are reserved for households earning 50% or less of the median area income, Eads said. That works out to no more than the following amount per month, depending on household ...
The Fair Market Rents (FMRs) are amounts (rents plus utilities) for medium-quality apartments of different sizes in a particular community. [10] As an example, the 2012 FMR for 1 bedroom housing in San Francisco is $1,522 and in New York is $1,280, while in many other places it is less than $500. [15]
In Brussels, an architectural firm was able to repurpose a soap factory, creating affordable housing units that included 1–6-bedroom apartments, studios, lofts, and duplexes. These residential units are also energy-efficient, so have both social and environmental benefit. [149]
Penn South, officially known as Mutual Redevelopment Houses and formerly Penn Station South, is a limited-equity [1] housing cooperative development located between Eighth and Ninth Avenues and West 23rd and 29th Streets, in the Chelsea neighborhood of Manhattan in New York City. The complex has 2,820 units in ten 22-story buildings.
We have people who are working jobs but can’t afford an apartment.” ... the fair market value of a single-bedroom apartment in Sanford, with utilities included, is $1,136 in rent per month ...