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A sixth, two-bedroom, unit will be occupied by the building superintendent.
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As with many of these buildings, only about a quarter of the units will be occupied at any one time.
During the construction at Hibben-Magie (beginning in 2012), most of the Stanworth units will be occupied by graduate students.
Eisenhower projects 500,000 federally-aided public housing units will be occupied by the end of the fiscal year 1961, with another 125,000 units under construction.
In compliance with a Stamford ordinance, 10percentt of the entire project's units will be occupied by people whose family incomes do not exceed 80percentt of the area median, which is $109,000 for a family of four.
An Artist Review Panel also is proposed to ensure the units will be occupied by artists and their families.
The break-even assumes that all units will be occupied and that all rent will be paid in a timely manner.
"The units for Student Dormitory will be occupied by students only, and not their family," said the declaration, submitted by Emmut Properties, the developer.
Most of the affordable units that the city plans to concentrate on will be occupied by New Yorkers who earn less than 80 percent of the area's median income.
The houses will be occupied 10 months of the year.
The lower floors will be occupied by municipal offices.
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