George Street Apartments is managed by NeighborWorks New Horizons.
Originally built in 1973, George Street has provided affordable housing for 58 households since MHA acquired and renovated the property in 1993. Located in the desirable West River neighborhood, with job opportunities at Yale New Haven Hospital and nearby retail and health services, George Street provides housing for families ranging between 25% – 80% of AMI, and has maintained near full occupancy since acquired by MHA. Located a few blocks from the West River Memorial Park, George Street is appealing housing for families, with an on-site playground and after school services provided by MHA’s Community Development department. George Street has an active resident leadership council and an on-site resident services coordinator, who helps to organize community events throughout the year.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom One Bath (1/1) | - | Call for Price |
Two Bedroom One Bath (2/1) | - | Call for Price |
Three Bedroom Two Bath (3/2) | - | Call for Price |
Four Bedroom Two Bath (4/2) | - | Call for Price |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in New Haven but actual income limits may differ for units at George Street Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $42,150 | $48,150 | $54,150 | $60,150 | $65,000 | $69,800 | $74,600 | $79,400 |
Low Income (60%) | $50,580 | $57,780 | $64,980 | $72,180 | $78,000 | $83,760 | $89,520 | $95,280 |
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.