‘Fully Affordable’ East Harlem Housing Development Wins Council’s Backing

July 24, 2024 | John Mudd

(DNAINFO)  Dartunorro Clark | November 30, 2016 — The project is planned for Lexington Avenue between 107th and 108th streets.

A 400-unit affordable housing development planned for East Harlem has been unanimously approved by the City Council.

The Lexington Gardens II, which is being billed as a fully affordable development, is slated for Lexington Avenue between 107th and 108th streets.

It will have 20 percent of its units earmarked for families making 30 percent of area median income, which is estimated at $24,480 annually for a family of three.

Another 30 percent of units will be for families making 50 percent of AMI, which is $48,000 for a family of three, and 30 percent will be for families making 80 percent of AMI, which is $65,280 for a family of three.

The last 20 percent will be for families making 130 percent of AMI, which is $106,080 for a family of three.

Source: ‘Fully Affordable’ East Harlem Housing Development Wins Council’s Backing – East Harlem – DNAinfo New York

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