Oyster Bay Gardens is managed by Einsidler Management Inc..
Oyster Bay Gardens is a LIHTC (Low Income Housing Tax Credit) property with 48 1-bedroom apartments. 36 of the apartments are for those 62 years of age or older and 12 of the apartments are for the developmentally disabled who are 55 years of age or older and eligible for services through the NYS Office of Persons with Development Disabilities.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | 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 Bethpage but actual income limits may differ for units at Oyster Bay Gardens.
AMI Band | 1 Person | 2 Person |
---|---|---|
Very Low Income (50%) | $53,900 | $61,600 |
Low Income (60%) | $64,680 | $73,920 |
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.