New Vision Redevelopment

723 Elton Ave/441 E 155th, New York City, New York 10455

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New Vision Community is project consisting of two residential properties located at 441 E 155th and 445 E 138th in the Bronx, NY area.

Eligibility for New Vision Redevelopment

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in New York City but actual income limits may differ for units at New Vision Redevelopment .

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $29,650 $33,900 $38,150 $42,350 $45,750 $49,150 $52,550 $55,950
50% $49,450 $56,500 $63,550 $70,600 $76,250 $81,900 $87,550 $93,200
80% $79,200 $90,500 $101,800 $113,100 $122,150 $131,200 $140,250 $149,300

New Vision Redevelopment Details

  • 194 bedroom units.
  • Scattered Sites
  • Section 202 Supportive Housing for the Elderly
  • Section 221 (d) (3)
Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

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