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LUNA PARK HOUSING CORP.

Mitchell-Lama Residential Cooperative Community

Luna Park is a 5-building Mitchell-Lama residential cooperative located in the Coney Island area of Brooklyn, NY. It houses around 6,000 people in almost 1,600 apartments. This makes it one of the biggest Mitchell-Lama developments in the state.

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HPD 2020 INCOME VERIFICATION AUDIT

The 2020 Income Verification Audit is based on a comparison done by the NY State Department of Taxation and Finance (DTF) between the information declared on residents’ 2020 income affidavits and the information they filed on their 2020 NYS tax returns. Residents identified in the Audit Report receive one of the following four designations:

“MATCHED”: This label means that the income reported on the resident’s 2020 income affidavit is the same as (or higher than) the income reported on their 2020 tax return.

“UNMATCHED”: This label means the income the resident reported on the 2020 income affidavit is lower than the income the resident reported on their 2020 tax return, and they may be subject to a surcharge.

“NO RETURN FILED”: This means DTF matched the resident’s Social Security Number to a profile; however, they were unable to find a 2020 return filed for the individual. There could be several reasons for this designation:

  • The resident is required to file a tax return, but failed to file.

  • The resident is no longer a resident of NYS and files elsewhere.

  • The resident is not required to file a return.

“NOT FOUND”: This means DTF was unable to match the resident’s Social Security Number to an existing taxpayer profile. There could be several reasons for this category:

  • The resident did not correctly indicate their Social Security Number on the income affidavit.

  • The resident’s Social Security Number was entered incorrectly by HPD’s vendor.

  • The resident does not reside in NYS.

  • The resident has never filed a NYS return.

ZOOM MEETING

September 12, 2023 at 7:00PM

A portion of the meeting will be open to shareholders and residents by virtual attendance by ZOOM.

 

Shareholders are reminded that participation is virtual by ZOOM, not in-person.

Meeting ID: 851 7935 4798
Passcode: 864239

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15 minutes of the meeting will be set aside by the Board for comments and questions from shareholders or residents. All comments and questions must be submitted in a respectful manner.

GET IN TOUCH

2879 WEST 12TH STREET

BROOKLYN, NY 11224

Phone Number: 718-266-5400

Fax Number: 718-265-0630

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