About This Property
Montgomery Manor comprises 87 units in Montgomery, NY, with 86 designated as low-income housing. The property, which entered service in 2007, serves elderly residents and includes 86 one-bedroom units and one two-bedroom unit. The development utilizes 9% Low-Income Housing Tax Credits (LIHTC) financing.
Property Details
Fair Market Rent - Orange County, NY
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,237 |
| 1 Bedroom | $1,419 |
| 2 Bedroom | $1,825 |
| 3 Bedroom | $2,315 |
| 4 Bedroom | $2,560 |
Income Limits - Orange County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $21,150
- Very Low (50%)
- $35,200
- Low (80%)
- $55,950
- Extremely Low (30%)
- $24,150
- Very Low (50%)
- $40,200
- Low (80%)
- $63,950
- Extremely Low (30%)
- $27,150
- Very Low (50%)
- $45,250
- Low (80%)
- $71,950
- Extremely Low (30%)
- $30,150
- Very Low (50%)
- $50,250
- Low (80%)
- $79,900
- Extremely Low (30%)
- $32,600
- Very Low (50%)
- $54,300
- Low (80%)
- $86,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $58,300
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $62,350
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $66,350
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $21,150 | $35,200 | $55,950 |
| 2 Persons | $24,150 | $40,200 | $63,950 |
| 3 Persons | $27,150 | $45,250 | $71,950 |
| 4 Persons | $30,150 | $50,250 | $79,900 |
| 5 Persons | $32,600 | $54,300 | $86,300 |
| 6 Persons | $35,580 | $58,300 | $92,700 |
| 7 Persons | $40,120 | $62,350 | $99,100 |
| 8 Persons | $44,660 | $66,350 | $105,500 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Montgomery, NY?+
The Fair Market Rent (FMR) for Orange County, NY is: $1237 (Studio), $1419 (1BR), $1825 (2BR), $2315 (3BR), $2560 (4BR). Actual rent at subsidized properties like Montgomery Manor is typically 30% of household income or less.
What size apartments are available at Montgomery Manor?+
Montgomery Manor offers the following unit types: 86 One-Bedroom, 1 Two-Bedroom units, for a total of 87 units.
How do I apply for housing at Montgomery Manor?+
Montgomery Manor is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who is eligible to live at Montgomery Manor?+
Montgomery Manor primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Montgomery, NY?+
Based on Fair Market Rent for Orange County, the estimated price range is: 1-bedroom: $1419, 2-bedroom: $1825. Actual rent at Montgomery Manor may be lower for income-eligible households.
What are the income limits for affordable housing in Orange County, NY?+
For a 4-person household in Orange County, NY, the income limits are: Extremely Low Income (30% AMI): $30,150, Very Low Income (50% AMI): $50,250, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
Who manages Montgomery Manor?+
Montgomery Manor is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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