The U.S. Department of Housing and Urban Development (HUD) recently approved NYCHA’s Fiscal Year 2013 Annual Public Housing Authority (PHA) Plan which includes a rent equity proposal to increase rents for NYCHA households with the highest household incomes. The vast majority of NYCHA households (70 percent) who pay 30 percent of their income toward rent will not be impacted by this increase. NYCHA will, however, increase rents for the 30 percent of NYCHA households who pay on average just 21 percent of their income for rent.
The flat rent schedule is being phased in over a five year period as part of the Annual Review and rental process starting in the first quarter of 2013. The rents in the flat rent schedules are base rents only and do not include recurring charges, e.g. reserved parking, appliance charges.
The flat rent schedule applies to all NYCHA developments except for new construction and property disposition developments, including Forest Hills Co-op and Frederick Samuels Apartments. The flat rent schedule does not apply to the Section 8 voucher program.
*Please note the Area Median Income Levels are the amounts effective as of December 1, 2011.