apply for affordable housing. The homes are priced around $230,000 after subsidies provided by the federal Department of Housing and Urban Development and the New York State Homes and Community renewal grant. Finally, this information is not guaranteed to be up to date. Subsidized Apartments HUD helps apartment owners offer reduced rents to low-income tenants. Medford Pond is a new 20 unit rental complex containing two (2) Affordable Units. Federal Reporting July 2010 Quarterly Report, Click Here for Five Year Consolidated Plan, 2008 Consolidated Annual Performance Evaluation Report. The Villas at Setauket is a gated community located on approximatelly 17 acres in the historic Three Village area of Setauket. SUBMISSION OF REQUIRED DOCUMENTATION OR DETERMINATION OF INCOME ELIGIBILITY DOES NOT GUARANTEE ELIGIBILITY FOR A UNIT. SENIOR AFFORDABLE RENTALS. Islandia: 631-232-2400 Low-income New Jersey households can enter the lottery for the State of New Jersey Rental Assistance Progam starting Monday at 9:00 a.m. . New York Section 8 Waiting Lists page or the Monthly rents are based on the Fair Market Rent (FMR) for the applicable bedroom size as established by HUD and reduced by a Utility Adjustment. This pet friendly community will also feature amenities such as a fully equipped fitness center, swimming pool and sundeck. Lottery applications will be accepted for the Mainstream Voucher and Housing Choice Voucher lottery online only on February 8, 2023 from 8:30a.m. "Nassau County has had more than 6,000 foreclosure filings, and communities all over the county are affected more and more every day by this crisis. The county held a lottery to choose the lucky future homeowners. Although the town does not purchase all properties on the list, homes that are acquired are either renovated or demolished and rebuilt. AFFORDABLE RENTALS, Fairfield Townhouses at Selden Affordable Rentals This development is located at 135 Stonehenge Lane in Hauppauge, New York. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households. The affordable housing lottery has launched for Sven, a 67-story mixed-use residential building at 2959 Northern Boulevard in Handel Architects and developed by The Durst Organization, the structure yields 958 residences. Sep 15, 2009, 12:57am Updated on Sep 15, 2009. State of New York Median Income. The Preserve at Smithtown This provides voucher holders with an enhanced ability to locate affordable housing in designated areas. Each unit contains an open floor plan with designer kitchens, stainless steel appliances, an in-unit washer/dryer, 1 designated parking space, and electronic key entry. All 8 Affordable Units will be available to households with incomes that do not exceed 80% of the Nassau-Suffolk area median income (AMI) as determined by HUD and adjusted for household size. First-time home buyers in the Town of North. Chelsea House Affordable Rental Housing Program consists of two (2) affordable studio apartments. Through this downtown revitalization, we know we can strengthen our local tax base and provide a stronger sense of community for our residents. Legal tip:Sometimes landlords will try to collect or sue on an amount greater than what a tenant owes per their Section 8 lease with the landlord. Privacy Policy, LSCA Newsletters and Training Incomes cannot exceed 120% of the Nassau/Suffolk area median income (AMI) as determined by HUD and adjusted for household size. Affordable Housing programs support 3 apartment communities in Inwood. VILLAGE BY THE BAY Many more people are still in need of decent, safe, affordable housing.. The newly constructed building consists of 30 rental apartments, three (3) of which will be offered to eligible households that earn 100% or less of the area median income. The clubhouse will also feature a state-of-the-art fitness center, lounge and games/billiard rooms, and an outdoor pool and patio with gas fire pits. Effective 12/1/2022, the Nassau County and the Town of Hempstead Housing Choice Voucher (HCV) Programs (also known as Section 8) will be transferred to the Community Development Corporation of Long Island (CDCLI). A Section 8 tenant does not become liable for the Section 8 share of the rent as rent even after the termination of the subsidy until there is a new agreement with a landlord. The Village Square Affordable Rental Housing Program consists of thirteen (13) affordable apartments, consisting of five (5) studio, six (6) one-bedroom and two (2) two- bedroom apartments. There are also several subsidized rental programs administered by New York State and New York City listed below. Those interested in housing opportunities can write to or call (516) 349-1000. Two of the units are required to be maintained as income restricted Workforce Housing Rental Units. If you have any questions regarding any of the Program Guidelines, or need language or other assistance, including translation and/or oral interpretation services, please email LIHP at rentals1@lihp.org before applying. First-time home buyers in the Town of North Hempstead can take a gamble by entering a lottery to own an affordable home in New Cassel. The apartments at the Galleria at 5-9 Grace Avenue are being offered through the cooperative efforts of 5-9 Grace Avenue LLC, the Village of Great Neck Plaza and the Long Island Housing Partnership. We believe that people of all races and ethnicities should be afforded equal opportunities in all areas of life. PLEASE CONSULT THE PROGRAM GUIDELINES FOR INCOME LIMITS AND OTHER PROGRAM REQUIREMENTS. 19.71% of households in Nassau County are renters. Instructions: Tenant: Enter the address and the number of bedrooms for your Housing Choice Voucher size to see what you can afford in that area. It contains amenities including a Community Center with gaming and social areas, a fitness center and tennis courts. The biggest news, politics and crime stories in Nassau County, in your inbox every Friday at noon. Always check the specific income guidelines on the . 1: $46,700 - $74,800. adding to housing crisis. *Money earned from self-employment should be calculated as Incomes cannot exceed 80% of the Nassau/Suffolk area median income (AMI) as determined by HUD and adjusted for household size. 5 . Ridge Street Gardens. housing lotteries Lottery opens for 127 affordable apartments at sustainable, supportive development in the Bronx Rendering courtesy of the NYC Department of Housing Preservation and. TO PRINT WAIT LIST INTAKE APPLICATION FOR SUBMISSION BY MAIL: Click here to print the Wait List Intake Application & Program Guidelines. Nassau County affirms compliance with equal housing opportunity requirements. Fairfield Metro at Farmingdale Village (Elizabeth Street) offers four rental apartments at below market rents to those households who meet certain income and eligibility criteria.Fairfield Metro at Farmingdale Village - 40 Elizabeth Street is located in the heart of the Village of Farmingdale just steps from the LIRR train station. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. The way to receive a Housing Choice Voucher is through our lottery system. The development is located on Main Street in Historic downtown Riverhead with convenient access to restaurants, the aquarium and newly renovated Suffolk Theater. They can be submitted online at the Long Island Housing Partnership website, lihp.org, or mailed to the partnership office, 180 Oser Ave., Suite 800, Hauppauge, NY 11788, postmarked by the deadline. State of New York Median Metropolitan Income. 2: $53,400 - $85,450. The Housing Choice Voucher Program helps qualified households meet their rental obligations. Thank you for your interest in Nassau County will then contact the 2,500 households to submit a full application for assistance, including documentation of current income, as vouchers become available. If you have any questions regarding any of the Program Guidelines, or need language or other assistance, including translation and/or oral interpretation services, please email LIHP at rentals2@lihp.org before applying. Nassau County Office of Housing provides a housing choice voucher to eligible low-income families. HAGA UN CLIC AQUI PARA IMPRIMIR EL PAQUETE DE SOLICITUD EN ESPANOL! Tuesday, August 9, 2022 HUD Announces Nearly $3 Million in Loan Guarantee for Babylon, NY to Create a Multi-Purpose Greenhouse Public Facility Read More. 15 BOND SHLR-Housing 2022 Section 8 Lottery Open! Important Dates and Events Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Public housing was established by the U.S. Department of Housing & Urban Development (HUD) to provide decent and safe rental housing for eligible senior citizens age 62 and older, and persons with disabilities age 18 and older. THE CORNERSTONE YORKSHIRE The development will address Nassau County's need for affordable housing, as well as the stark health and socio-economic disparities that exist in the County. New York Public Housing and Low-Income Apartments Waiting Lists page. State of New York Median Non-Metropolitan Income. Housing Law Public Meeting: Wednesday, September 28th, 2022 by Administrator | Sep 19, 2022 | Announcements, News AFFORDABLE RENTAL HOUSING PROGRAM. Greybarn is a luxury apartment community offering amenities such as a private clubhouse with a state of the art fitness center, billiard and great room. THE VILLAS AT SETAUKET All 27 Affordable Units will be available to households with incomes that do not exceed 80% of the Nassau/Suffolk area median income (AMI) as determined by HUD and adjusted for household size. Applications are due Oct. 31. AFFORDABLE RENTALS. As required by the Town, monthly rents are capped and include a utility allowance. A Section 8 tenant agrees in the Section 8 lease only to pay the tenant share of the rent. NSLS Programs. Fire in Nassau County . Provider Address: 60 Doughty Blouevard, Inwood, NY, 11096 Areas Served: Nassau Telephone: (516)764-9792 Eligiblity: NA Last Update: 8/3/2020 12:56 PM Eligibility Requirements Female Age From: 0 Female Age To: 0 Male Age From: 0 Male Age To: 0 Road 10 miles 10 km In order to participate in the Affordable Rental Program, an applicant must meet all the requirements described with the Program Guidelines. FAIRFIELD METRO RENTAL HOUSING PROGRAM. An example of data being processed may be a unique identifier stored in a cookie. 53.3% of households who rent are overburdened in Nassau County. Fifteen (15) units are available to households with incomes that do no exceed 80% of the Nassau/Suffolk area median income (AMI) as determined by HUD and adjusted for household size and fifteen (15) units are available to households with incomes that do not exceed 120% of the Nassau/Suffolk AMI. Medford Pond is a beautiful gated community with tree lined grounds. 06-20-1707-19-1708-16-1710-23-1711-15-1712-13-17. Please feel free to check back with us in the future for program updates and other programs of interest! 3 of 64 Freeport Housing Authority 240 S Main St Freeport, NY - 11520 Provides Public Housing & Section 8 (Housing Choice Voucher Program). Lottery - Marketview Apartments Address: 102 Carpenter Park Circle, Ithaca, NY 14850 Deadline: March 21, 2023 Click below to view Lottery information. This provides voucher holders with an enhanced ability to locate affordable housing in designated areas. Fair Market Rents can be used to better understand the average housing costs of an area. Voucher holders may live in any legal rental unit of their choosing, subject to the Housing Choice Voucher program rules and regulations. In Freeport, there are 2 separate apartment complexes. The rental units will be available to eligible applicants at affordable rents. There is no notice of when this waiting list will reopen. is $1,578 a month. The Nassau County Office of Housing (NCOH) Section 8 Housing Choice Voucher waiting list is currently closed. Village by the Bay is a new 117 unit rental complex containing 12 Affordable Units consisting of studios, one bedroom and two bedroom apartments. PAQUETE DE SOLICITUD EN ESPANOL DISPONIBLE PARA IMPRIMIR. AFFORDABLE SENIOR RENTAL HOUSING PROGRAM. Woodcrest Affordable Housing Program is currently taking intake forms to be placed on the waiting list for one-bedroom apartments. Within this building, NYFSC manages and coordinates 49 units of affordable housing for low-income seniors and families, including 30 seniors in the Enriched Housing Program. On average, Section 8 Housing Choice vouchers pay Nassau County landlords $1,100 per month towards rent. with portable housing vouchers, such as Section 8. The Vistas is a luxury apartment community offering amenities such as on-site dog park, state-of-the-art clubhouse, and outdoor recreation-complete with a heated swimming pool, grand patio with a bar, lounge area, and fire pits, and walking/biking trails. See an overview of the SHIP Program. Nassau County's Office of Housing and Intergovernmental Affairs (OHIA) is in charge of overseeing many federally mandated/funded programs. If you are deaf or hearing impaired, you can call the Office of Housing at TTY 516-572-2369. Accessibility, Consumer Law Nassau County is a county in New York with a population of 1,354,612. Nassau County awarded 61 first-time homebuyers Monday the opportunity to buy foreclosed homes renovated with federal funds and subsidized to be kept affordable. Download Application. The maximum income limit for each household size were as follows: This waiting list hadthe following preferences: TheNCOH publicnotice statedthat it "will randomly select 2,500 households for placement on the waitlist." The Community Development Corporation of Long Island (CDCLI) will be accepting applications for theSection8/Suffolk County Housing Choice Voucher Program until Friday March 25th, 2022 at 5:00pm. TO COMPLETE WAIT LIST INTAKE APPLICATION ONLINE: Click here to complete your online Wait List Intake Application (Program Guidelines will be displayed as first part of online Application process) The maximum amount a voucher would pay on behalf of a low-income tenant in Nassau County, New York for a two-bedroom apartment is between $2,067 and $2,527. CDCLIs REDI Committee was formed to disrupt and dismantle systems of economic and social inequities in our organization, and our communities. pening waiting list and accepting applications for low-income rental apartments. The apartments will be made available to eligible applicants meeting income and eligibility requirements. 5: $72,050 - $115,350. To apply, contact or visit the management office of each apartment building that interests you. Selfhelp Realty Group's ("SRG") Bergen Place in Freeport, NY is a 44 unit independent living residence for low income seniors, scheduled for completion in early 2022. @media(max-width:768px){.pha-table td:nth-of-type(1):before{content:"Housing Authority"}; } @media (max-width:768px){ .pha-table td:nth-of-type(2):before{content:"Programs"}; }}. Open Monday thru Thurs. Newsletters Please feel free to check back with us in the future for program updates and other programs of interest! There are 2,485 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Nassau County. New Village is offering 67 workforce rental apartments. There are no open Section 8 Housing Choice Voucher waiting lists in Nassau County. Applications are only available when funding is available. This is illegal. Please click on the following links for more info: Please click here for further information, 10 Year Plan to End Homelessness New Village is offering 67 workforce rental apartments. until 4:30p.m. Heritage Affordable Senior Housing Program is currently taking intake forms to be placed on the waiting list for 2-bedroom and 3-bedroom apartments. THIS IS NOT A LOTTERY. Click here to print the Wait List Intake Application & Program Guidelines, Heritage Spy Ring Golf Club Senior Affordable Rental Program Guidelines, MEDFORD POND If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Housing Authorities in Suffolk County, New York There are 3 Housing Authorities in Suffolk County, New York, serving a population of 1,497,595 people in an area of 912 square miles. Affordable Housing Rental program. Locations morehttp://www.nassaucountyny.gov/agencies/CountyExecutive/NewsRelease/2009/09-14-09.html. Each unit is designed to high standards containing stainless steel appliances, washer/dryers, and wood floors. As such, the committees work as change agents is to bring attention to potential inequities and bring about positive change. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811. Copyright 2023 Community Development Corporation of Long Island All Rights Reserved | Site Map, Single Family Home Development/Suffolk County Landbank Corporation, Home Accessibility Options for Individuals with Disabilities, Housing Choice Voucher Program Opportunities Tenant Information, Housing Choice Voucher Program Opportunities Landlord Information, Cesspool or Septic System Replacement and Retrofit Loan, Down Payment Acquisition and Rehabilitation Loan. Our Team If you are interested in being placed on the waitlist, Default Prevention Document Transmittal Form, Brookhaven Rental Arrears Document Transmittal Form, Brookhaven Mortgage Arrears Document Transmittal Form, Default & Foreclosure Prevention Counseling, Contractor Home Improvement Program Online Application. To apply during the opening period, applicants were required to complete the online application. Meetings are open to the public. Kathy Hochul wants to build denser, transit-oriented housing developments on Long Island. Tenants are responsible for paying all utilities. The complex also contains luxury amenities such as a resort style pool, two level clubroom, and fitness and yoga center. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Continue with Recommended Cookies. Nassau County housing lottery and waitlist process US Department of Housing and Urban Development (HUD) Federal Housing Act (FHA) Nassau County Public Housing Statistics Find Nassau County HUD Housing Programs, Public Housing Programs, and Section 8 Housing Programs. Nassau County features 6,718 income based apartments. Late applications will not be accepted. HAGA UN CLIC AQUI PARA IMPRIMIR EL PAQUETE DE SOLICITUD EN ESPANOL! The application period is now closed. Four new homes are up for sale through the lottery hosted by the town along with Nassau County, the Long Island Housing Partnership, and the towns Community Development Agency. Fairfield Fieldstone is a rental community in Farmingdale with apartments available at affordable prices. Advisory Council 115 Central Park Road Plainview, N.Y. 11803 (516) 349-1000. Website: https://www.nassaucountyny.gov/1660/Housing. The average voucher holder contributes $500 towards rent in Nassau County. SENIOR RENTAL HOUSING PROGRAM - MUST BE AGE 55 OR OLDER! 2002-2023 ApartmentSmart.com, Inc.Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs. airbnb colorado springs 420 friendly with hot tub. The application period is now closed. THE PRESERVE AT SMITHTOWN Each unit is located in a beautiful 4 story complex complete with elevators and containing an open floor plan with designer kitchens, granite countertops, and a spacious layout with hardwood flooring. A: If you believe you are eligible, complete the Lottery Entrance Form for that affordable housing development and submit it along with your administrative fee, by the prescribed deadline to Huntington Community Development Agency. 1st-time buyers win Nassau housing lottery. The housing lottery will provide an opportunity for people who otherwise might not have had the ability to own a home, to have that dream of homeownership come true, Town Supervisor Judi Bosworth said in a news release. Woodcrest is a new 230-unit rental complex containing 23 Affordable Units consisting of studios, one bedroom and two-bedroom apartments. The Cornerstone Hauppauge Affordable Senior Rental Housing Program consists of ten (10) affordable apartments, consisting of seven one-bedroom and three two-bedroom apartments. Awards We and our partners use cookies to Store and/or access information on a device. low and moderate-income families (Down Payment Assistance Program). This page is available in other languages, Find affordable housing developments holding lotteries for vacancies, Lottery - Manhattan Avenue - 62+ Senior Housing, 261 East 202nd Street & 270 East 203rd Street, Bronx, NY 10458, Lottery - CHV 202nd and 203rd (The Bronx Grove), Lottery - CHV 202nd and 203rd (The Bronx Grove) - Spanish, Lottery - CHV 202nd and 203rd (The Bronx Grove) - Bengali. The need for affordable housing across Long Island is great and tremendous, said Peter Elkowitz, president of Hauppauge-based Long Island Housing Partnership. Manage Settings The Preserve at Smithtown is a new 180-unit senior "over 55" boutique apartment community containing 27 Affordable Units, consisting of one-bedroom and two-bedroom apartments located in the picturesque hamlet of Nesconset. This development is located at 100 Village Square in Glen Cove, New York. James McCaffrey, Chairman James E. Picken, Executive Director Problems paying rent due to COVID? Situated on 23 park-like acres, The Preserve at Smithtown will offer secure, modern living, featuring a plethora of fabulous amenities and extraordinary finishes that will complement an active lifestyle. New York Public Housing and Low-Income Apartments Waiting Lists page for openings near Nassau County. 4: $66,700 - $106,800. Lottery - Marketview Apartments Download Lottery - Manhattan Avenue - 62+ Senior Housing Address: 52 Manhattan Avenue, White Plains, NY 10607 Deadline: April 9, 2023 RENTAL HOUSING PROGRAM. OHIA is committed to supporting all of the communities within Nassau County; especially those in the areas that have been underserved in the past. SUBMISSION OF REQUIRED DOCUMENTATION OR DETERMINATION OF INCOME ELIGIBILITY DOES NOT GUARANTEE ELIGIBILITY FOR A UNIT. View photos, get pricing and see if you qualify for public housing and section 8. . The county held a lottery to choose the lucky future homeowners. Public Benefits Please feel free to check back with us in the future for program updates and other programs of interest! For further information about what we do, feel free to click on the attached pdf of the 2008 Consolidated Annual Performance Evaluation Report to learn more. If your number is reached on the waitlist, you will be sent a formal application to complete. Affordable Housing programs support 19 apartment communities in Hempstead. For 2023, elgible households participating in federally assisted housing pay an average of . As of December 15th, low-income rents in Nassau County, New York can range from $805 to FLOOR PLANS SHOWN BELOW $146,400. $2,663 depending on the number of bedrooms. The initial rents are set as follows: Each unit is located in a multi-story complex complete with elevators and containing two full indoor lounges, WiFi in common areas, bike racks, electrical car charging, pool tale (game area), coffee lounge, outside courtyard, keyless entry and video monitoring system. Deadline: Opening waiting list and accepting applications for low-income rental apartments. Everyone wants a piece of the American Dream, and this lottery makes home ownership a reality for people who may not have thought it was possible." To date, Nassau County has purchased or is in contract to purchase 15 foreclosed homes. CDCLI administers the Housing Choice Voucher/Section8program in Suffolk County on behalf of the New York State Division of Housing and Community Renewal. View affordable apartments and waiting lists in cities near Nassau County, Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. The Reserve at the Boulevard By: News 12 Staff. There are 2,485 low-income apartments in Nassau County that offer reduced rents to eligible households. PLEASE NOTE THAT ALL APPLICATIONS FOR TRITEC NEW VILLAGE ARE BEING SERVED ON A FIRST COME FIRST SERVED BASIS. $548 towards rent each month. And, as a member of this luxury rental community, residents will enjoy complimentary continental breakfast with coffee every Monday thru Friday in the clubhouse. Nassau County Housing Assistance Nassau County Office of Community Development (OCD) Residential Rehabilitation Program Veterans' Housing Assistance Veterans' Employment & Housing Program Emergency and Temporary Housing Temporary Housing Temporary Residencies (516)571-3680 Emergency Assistance to Families Emergency Assistance to Adults Rental assistance is a type of housing subsidy that pays for a portion of a renters monthly housing costs, including rent and tenant paid utilities. In New Cassel, the town identifies homes that are determined to be dangerous to the surrounding community and puts them on an acquisition list, Santamaria said. Box 697 82 Nassau Street New York, NY 10038 DEADLINE: Requests must be received by: July 9, 2019 YOU CANNOT APPLY DIRECTLY TO THE DEVELOPMENT Please note the transfer does not change any of the terms or requirements for the waitlist or program participation. One (1) unit, consisting of a 2 bedroom lower flat, is available to households with incomes that do not exceed 80% of the Nassau/Suffolk area median income (AMI) as determined by HUD and adjusted for household size and one (1) unit, consisting of a 3 bedroom upper flat, is available to households with incomes that do not exceed 120% of the Nassau/Suffolk AMI. New York Public Housing Waiting Lists page, https://www.nassaucountyny.gov/1660/Housing, Households at-risk of or experiencing homelessness, Households who identify as elderly and/or disabled. Deadline:Applications will be accepted until apartments are leased. Also, the law may vary from state to state, so some information from our website may not be correct for your jurisdiction. The Galleria is located at 5-9 Grace Avenue in Great Neck Plaza, N.Y. The Villas at Setauket is a new 92-unit senior "over 55" rental complex containing 10 Affordable Units, consisting of two-bedroom apartments. Belmont Villas - for 55+ by Conifer - affordable rents and lots of amenities. As required by the municipality, monthly rents are capped and include a utility allowance. Employment/Internship Opportunities To find our more and to apply. CLICK HERE TO PRINT SPANISH APPLICATION PACKET! Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities. Bergen Place. Only one Wait List Intake submission per household is allowed. The meeting will begin promptly at 5:00pm with limited seating. 13 Townhouse. The town sells affordable homes as often as it can, depending on property availabilities, said Joe Santamaria, assistant executive director of the Community Development Agency. Designed by Dattner Architects, the structure has 175 units available on NYC Housing Connect for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $14,640 to $118,400. Affordable Housing programs support 6 apartment communities in Westbury. The two Workforce Housing Rental Units consist of 1 studio unit and 1 two-bedroom unit. 1 bedroom - $2,813. Affordable Housing In Hicksville Nassau County, New York. The housing lottery closes in three days for 50 Penn, a nine-story mixed-use building at 2628 Fulton Street in East New York, Brooklyn. The Resolution includes Committee member names and the criteria they represent in accordance with Florida Statute, Section 420.9076. Avalon at Huntington Station offers many amenities, including a brand new clubhouse, state of the art fitness center and outdoor swimming pool. Initial monthly rents are capped at the Fair Market Rent (FMR) for the applicable bedroom size as established by HUD. As required by the Town of Babylon Industrial Development Agency, the rent for each unit will be capped at the HUD established Fair Market Rent for the applicable size.