Home Buying in New York>Question Details

Sj, Other/Just Looking in New York, NY

How strict are the HFDC income restricted purchase apartments. Most of the have a max income for a single

Asked by Sj, New York, NY Sun Mar 29, 2009

person at 64K, I make 69K. Is it worth exploring or should I just continue to save my pennies?

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The rules are strict. You would not get past the application. However, not in every part of the city is the income guideline $64,560 for one person. It varies for different neighborhoods.
0 votes Thank Flag Link Mon Mar 30, 2009
Da law...is da law....and they will come back after you. Unless you are self employed (1099) and your GROSS is $69K but your net is under $64K then you need to forget it.
If you get a W2 and it has $69K on it...move on

Never knew you were so rich huh?
LOL...enjoy the hunt
0 votes Thank Flag Link Sun Mar 29, 2009
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