About This Property
The Cornerstone Residence contains 128 studio units serving low-income families, individuals with disabilities, and formerly homeless residents in Newburgh, NY. Placed in service in 2006, the property operates as a non-profit owned affordable housing community utilizing 9% Low-Income Housing Tax Credits. All units are designated for low-income occupancy.
Waitlist Information
Waitlist managed by Housing Authority of Newburgh
The authority currently manages two public housing properties consisting of 135 units.
The Housing Choice Voucher program (Section 8) assists 200 families.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
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 Newburgh, 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 The Cornerstone Residence is typically 30% of household income or less.
What size apartments are available at The Cornerstone Residence?+
The Cornerstone Residence offers the following unit types: 128 Studio units, for a total of 128 units.
How do I apply for housing at The Cornerstone Residence?+
The Cornerstone Residence 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 The Cornerstone Residence?+
The Cornerstone Residence primarily serves families, persons with disabilities, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for The Cornerstone Residence?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages The Cornerstone Residence?+
The Cornerstone Residence is managed by . You can reach them at . Visit their website for more information.
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.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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