"The 75 apartments are part of Astoria Cove Phase 1(A), a pair of 26-story and seven-story residential buildings at 4-34 and 4-42 26th Ave. in Astoria with East River views."
"Rent for the one-bedrooms is $2,650 per month, compared to $3,332 for the two-bedrooms. The apartments are split by applicants' area median income (AMI) levels."
"According to officials, roughly twenty percent of the units will be given preference to Queens CB 1 residents. The building is under construction through the Inclusionary Housing Program."
Astoria Cove Phase 1(A) offers 75 affordable apartments with eligibility based on area median income (AMI). Applicants must earn between $77,829 and $227,500 annually. Monthly rents range from $2,126 for studios at 80% AMI to $3,600 for two-bedrooms at 130% AMI. The application process is available online or by mail, with a deadline of June 2. Approximately 20% of units prioritize Queens CB 1 residents. The complex features various amenities and is under construction through the Inclusionary Housing Program.
Read at Astoria-Long Island City, NY Patch
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