Read Cadman Towers (Mitchell-Lama Co-Op).indd text version

BROOKLYN HEIGHTS AREA MITCHELL-LAMA CO-OP

CO-OP ONE, TWO AND THREE BEDROOM APARTMENT WAITING LISTS ARE BEING OPENED.

Range Income Limit 1 Bedroom $21,037.60 ­ $71,312.50* Two Dependents or more: $21,037.60 ­ $89,140.63* $29,452.40 ­ $93,201.28* Two Dependents or more: $29,452.40 ­ $116,501.60* $41,417.60 ­ $107,282.24* Two Dependents or more: $41,417.60 ­ $134,102.80* $40,235.20 ­ $121,399.84* Two Dependents or more: $40,235.20 ­ $151,749.80* $525.94 ­ $762.66 $736.31 ­ $920.43 $1,035.44 $1,005.88 ­ $1,199.79 $28,705.28 ­ $37,508.16 $39.987.46 ­ $47,376.08 $70,347.72 $52,205.18 ­ $61,264.08

Income Limit

2 Bedroom

Income Limit

2 Bedroom Duplex

Income Limit

3 Bedroom

Carrying Charges Carrying Charges Carrying Charges Carrying Charges Purchase Price of Stock Purchase Price of Stock Purchase Price of Stock Purchase Price of Stock

1 Bedroom 2 Bedroom 2 Bedroom Duplex 3 Bedroom 1 Bedroom 2 Bedroom 2 Bedroom Duplex 3 Bedroom

* Based upon the number of persons in household and may be subject to surcharge upon admission.

Occupancy Standards: One-bedroom ­ One to three persons. Two-bedroom ­ No fewer than three persons, a brother and a sister who are both adults, or a parent or guardian with at least one child of any age. Three bedroom ­ No fewer than (a) five persons, (b) parent(s) or guardian(s) with two children of the opposite sex, (c) a household of three adults with one child where at least one adult is the parent or guardian of such child, or (d) a household of one parent or guardian and his or her three children. Important Notice (Failure to Comply with any of the following will result in disqualification): · Applicant must be a New York State Resident. · Applicant must be at Least 18 Years Old at the time of the lottery. · Preference will be given to documented disabled veterans selected in the lottery. · Applicant must be financially responsible. · Any applicant that does not have the proper family composition will be automatically disqualified. · One request only per applicant. Any person placing a duplicate request will be rejected and receive no application. · Mail POSTCARD ONLY by regular mail. Letters will not be opened. · Registered and Certified Mail will not be accepted. Only Regular Mail accepted. · Post cards must include name and address. Please print clearly. · Applications are not transferable. · Postcards must be received by October 8,2010. Additional Information: · A $200 Application fee will be required at the completion of the lottery. $50 of this fee will be non-refundable. · Waiting list will be established by a limited lottery. There will be a limit of 300 applicants for the one bedroom, 300 applicants for the two bedroom and 200 applicants for the three bedroom drawn from the supervised lottery. Only applicants that are drawn will be notified. ONE (1) BEDROOM LOTTERY ­ MAIL POSTCARD TO: Cadman Plaza Station P.O. Box 24508 Brooklyn, NY 11202-4508 TWO (2) BEDROOM LOTTERY ­ MAIL POSTCARD TO: Cadman Plaza Station P.O. Box 24390 Brooklyn, NY 11202-4390 THREE (3) BEDROOM LOTTERY ­ MAIL POSTCARD TO: Cadman Plaza Station P. O. Box 24210 Brooklyn, NY 11202-4210 REQUESTS MUST BE RECEIVED BY: OCTOBER 8, 2010 EQUAL HOUSING OPPORTUNITY SUPERVISED BY THE NYC DEPARTMENT OF HOUSING PRESERVATION & DEVELOPMENT

·

MICHAEL R. BLOOMBERG Mayor

Rafael E. Cestero Commissioner

nyc.gov/hpd

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