Contact
421a Marketing by
City5 Consulting
(p) 212.571.3003
1115 Broadway
10th Floor
New York, NY 10010
(p) 212.571.3003
421a Marketing by
City5 Consulting
(p) 212.571.3003
1115 Broadway
10th Floor
New York, NY 10010
(p) 212.571.3003
37 Montrose is a boutique residential property in Williamsburg featuring an industrial warehouse vibe with high end finishes, original art throughout, and a clear view of Manhattan from the common roof top patio. Conveniently located a block away from the J,M and G trains and 5 blocks from the L train. Qualifying New Yorkers can apply for the affordable units at 37 Montrose Avenue from July 5th 2018 until July 25th 2018.
Right now 3 one bedroom units are available for rent for $2,250.00/month. Families making from $77,143 to $122,070 per year with the household size 1-3 people are welcome to apply.
The J51 Tax Program is for rehabilitation or conversion to multiple dwellings.
Learn MoreDevelopers must follow HPD marketing & tenant selection procedures.
Learn MoreApplicant evaluation, post lottery is highly regulated and complex.
Learn MoreProperties which receive 421a benefits must demonstrate HPD compliance.
Learn MoreApproximately 90% of applicants for 130% AMI projects are ineligible. CompliBuddy identifies such conditions and automates required notices to applicants.
Swift applicant eligibility processes post lottery and workflow automation to ensure compliance with HPD regulations, combined with real time reporting of statistics developers want to know.
Document requirements for applicants are extensive. CompliBuddy provides applicants a login to view document requests, upload documents, and be alerted of missing documents.
HPD requires frequent audits from approved marketing agents. CompliBuddy provides one-click reporting in specified formats to ensure quick HPD Compliance approvals.
Developers are required to start the 421a application processes with HPD at a minumum nine months before the anticipated Certificate of Occupancy issuance. However, most seasoned developers understand the benefits of taking tax incentive programs and regulations into consideration in the early stages of architectural plans.
Learn More
A new development located at 1612 New York Avenue in South Midwood, Brooklyn will stand 4-stories above the ground and hold a total of 8 dwellings. This building is anticipated to receive a tax exemption through the 421a tax incentive program of the New York City Department of Housing Preservation and Development. Therefore, developers have assigned 2 units to the affordable housing program. The affordable housing apartments will be 1 bedroom units with the asking rent of $2,188. Applicants earning 130% of the Area's Median Income are welcome to apply.
Apply Find out if I qualify
A new building is on the rise at 1610 New York Avenue in South Midwood, Brooklyn. The building will stand 4-stories above the ground and hold a total of 8 dwellings. This property will be offering 2 affordable apartments through the Affordable Housing Program later on this year. The affordable housing units will be 1 bedroom dwellings with the asking rent of $2,188. Applicants earning 130% of the Area's Median Income are all welcome to apply.
The newly constructed building located at 73 Starr Street in Bushwick, Brooklyn will stand 5-stories above the ground and will hold 24 dwellings. This building is anticipated to receive a tax exemption through the 421a tax incentive program of the New York City Department of Housing Preservation and Development. Therefore, the building has assigned 8 units to the affordable housing program. The affordable housing dwellings will be a mix of one and two bedrooms with the asking rent of $2,188 for the one bedrooms and $2,638 for the two bedroom units.
A new building is on the rise at 1329 East 13th Street in Midwood, Brooklyn. The newly constructed residential building will stand 8-stories above the ground and hold a total of 14 units. This building is anticipated to receive tax exemption through the 421a tax incentive program of the New York City Department of Housing Preservation and Development. Therefore, the building must assign 30% of its units to the affordable housing program. 1329 East 13th Street will be offering 5 affordable housing units, four 2 bedroom units and a studio on the top floor.
Apply Find out if I qualify The newly constructed residential building located at 893 Willoughby Avenue in Bushwick, Brooklyn will rise 5-stories above ground and hold a total of 10 units. This building is anticipated to receive a tax exemption through the 421a tax incentive program of the New York City Department of Housing Preservation and Development. Therefore, the building will assign 3 out of its 10 units to the affordable housing lottery. The affordable housing units will be a mix of one bedroom units and two bedroom units.
Apply Find out if I qualify
The seven-story building will rise between Troy and Schenectady Avenues in East Flatbush. The ground floor will host 13,916 square feet of commercial space and a 968-square-foot medical office. Twenty-eight out of 93 units will be available for affordable rentals, with six studios renting at $2,202/month, 19 one-bedrooms renting at $2,320, and three two-bedrooms renting at $2,795. The units are available to eligible applicants making up to 130% of the area median income.
Apply Find out if I qualify
The new development at 329 Broadway will be a 16-story, mixed-use building with 63 apartments and commercial spaces on the first two floors. The property will have 19 affordable apartments available through Affordable New York Housing Program later this Fall. Eligible applicants earning up to 130% of the area median income are welcome to apply.
Apply Find out if I qualify A new building is on the rise in the Williamsburg neighborhood of Brooklyn and it is offering affordable housing units! 184 Humboldt will be a six-story building with a total of fifty-five units. Seventeen out of its fifty-five units will be available as affordable units, with four studios renting at $2,176/month, four one-bedrooms renting at $2,758/month, and nine two-bedrooms renting at $2,758/month. Qualifying applicants earning up to 130% of the area median income are welcome to apply.
Apply Find out if I qualify
Does your development qualify for a 421a Tax Abatement? Are you looking for affordable unit marketing, lottery, & lease-up? Are you looking for proprietary software to ensure success?
We can help.
