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Kirkridge Park Cooperative

About This Building

They are an Affordable community whose relationship to HUD only requires low and high income limits, they do not calculate monthly rates based on percentage of total incomeKirkridge Park Cooperative is a 230 unit Cooperative, who primary mortgage is insured by the U.S. Department of Housing and Urban Development (HUD).

In a Cooperative, each unit is a shareholder in the Corporation that owns the entire complex.

So each unit has voting rights, shares in the growth of the value of their unit, and can receive an income tax deduction for a portion of the taxes and interest paid by Kirkridge Park.

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