The building is adding 190 units to a Project-Based Section 8 (PBV) contract with NYCHA to provide long-term affordability for residents. A third-party consultant – MGNY Consulting (“MGNY”) – is assisting residents through the eligibility and certification process.
No. Participation in the PBV program is voluntary. Residents who do not participate will remain in their units with no changes to their lease or current rent.
No. You will remain in your current unit. If you later choose to move (at least one year after enrollment), you may receive a portable Section 8 voucher to use elsewhere.
If you qualify, your rent will be capped at 30% of your adjusted income. If you are currently paying more than this, your rent may decrease.
Households earning up to 50% of Area Median Income (AMI) are eligible. In Manhattan, this is approximately:
– $56,700 for a 1-person household
– $81,000 for a 4-person household
Your unit will need to pass a NYCHA inspection, and you will need to complete an income certification with NYCHA. MGNY will assist you in collecting and submitting the required documents.
No. Your lease terms and current rent will remain the same if you choose not to participate.
You can choose to have your unit added to the PBV contract, which may streamline your rent payment and program administration.
MGNY will contact residents in inspected units to begin the certification process.
Residents can contact MGNY if they wish to have their unit considered for PBV participation.
The building is adding 190 units to a Project-Based Section 8 (PBV) contract with NYCHA to provide long-term affordability for residents. A third-party consultant – MGNY Consulting (“MGNY”) – is assisting residents through the eligibility and certification process.
No. Participation in the PBV program is voluntary. Residents who do not participate will remain in their units with no changes to their lease or current rent.
No. You will remain in your current unit. If you later choose to move (at least one year after enrollment), you may receive a portable Section 8 voucher to use elsewhere.
If you qualify, your rent will be capped at 30% of your adjusted income. If you are currently paying more than this, your rent may decrease.
Households earning up to 50% of Area Median Income (AMI) are eligible. In Manhattan, this is approximately:
– $56,700 for a 1-person household
– $81,000 for a 4-person household
Your unit will need to pass a NYCHA inspection, and you will need to complete an income certification with NYCHA. MGNY will assist you in collecting and submitting the required documents.
No. Your lease terms and current rent will remain the same if you choose not to participate.
You can choose to have your unit added to the PBV contract, which may streamline your rent payment and program administration.
Contact MGNY by:
– Email: [email protected]
– Phone: (212) 277-1311
MGNY will contact residents in inspected units to begin the certification process.
Residents can contact MGNY if they wish to have their unit considered for PBV participation.