![]() The housing company may, upon HPD's approval, implement a policy imposing a penalty fee when additional income is found that would have resulted in an additional surcharge. If HPD establishes a verification system with the New York State Department of Taxation and Finance, those tenant / cooperators found to have reporting discrepancies shall be obligated to furnish certified copies of IRS or New York State income tax returns. Visit the Mitchell-Lama Housing Connect to view and apply to open waiting lists. The tenant / cooperators shall assume the cost of obtaining said certified copies. ![]() Studio Lottery Church Street Station P.O. Tenant / cooperators and other occupants selected for audit shall be required to provide a certified copy of the IRS or New York State income tax return for the audited year(s). Mail post card or envelope to: Maxwell Kates, Inc. The Mitchell-Lama program provides affordable rental and cooperative housing to moderate- and middle-income families. The income affidavits will be subject to verification at any time, pursuant to such method as may be determined by HPD, including, but not limited to, spot check audits of certified income tax forms and verification by the New York State Department of Taxation and Finance as set forth in ยง 60(9) of the Private Housing Finance Law. (4) The surcharges shall be computed by the housing company or its managing agent in sufficient time so that surcharge billings shall commence no later than July 1st of each year. Income-restricted rentals mean apartment rents are tied directly to a tenants income - much like all affordable housing in NYC these days.
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