Stone House is a new 161-unit building developed by Women In Need (WIN) and located in East New York, Brooklyn. The building houses 64 low-income and affordable units and 96 supportive units which vary from studios, one, two, and three-bedroom apartments as well as WIN’s offices and a daycare at the cellar. Laundry, community rooms and program offices offering support services for tenants and community residents are also provided along with 24 parking spaces. Much needed housing, soil remediation for the site, green space, a revitalized empty lot, and street trees along the building frontage are among the benefits the building brings to the neighborhood. Stone House is one of the largest supportive housing buildings for families in the state of New York.
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.