About This Property
Wolcott Meadows Phase II comprises 40 units in Wolcott, NY, with 39 designated as low-income housing serving elderly residents. The property includes 20 one-bedroom and 19 two-bedroom units and has been in service since 1995. The development utilizes 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Wayne 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 | $938 |
| 1 Bedroom | $1,050 |
| 2 Bedroom | $1,307 |
| 3 Bedroom | $1,580 |
| 4 Bedroom | $1,741 |
Income Limits - Wayne County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,850
- Very Low (50%)
- $28,100
- Low (80%)
- $44,950
- Extremely Low (30%)
- $19,250
- Very Low (50%)
- $32,100
- Low (80%)
- $51,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,100
- Low (80%)
- $64,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $43,350
- Low (80%)
- $69,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,550
- Low (80%)
- $74,450
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,750
- Low (80%)
- $79,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,950
- Low (80%)
- $84,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,850 | $28,100 | $44,950 |
| 2 Persons | $19,250 | $32,100 | $51,350 |
| 3 Persons | $21,960 | $36,100 | $57,750 |
| 4 Persons | $26,500 | $40,100 | $64,150 |
| 5 Persons | $31,040 | $43,350 | $69,300 |
| 6 Persons | $35,580 | $46,550 | $74,450 |
| 7 Persons | $40,120 | $49,750 | $79,550 |
| 8 Persons | $44,660 | $52,950 | $84,700 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Wolcott, NY?+
The Fair Market Rent (FMR) for Wayne County, NY is: $938 (Studio), $1050 (1BR), $1307 (2BR), $1580 (3BR), $1741 (4BR). Actual rent at subsidized properties like Wolcott Meadows Phase Ii is typically 30% of household income or less.
What size apartments are available at Wolcott Meadows Phase Ii?+
Wolcott Meadows Phase Ii offers the following unit types: 20 One-Bedroom, 19 Two-Bedroom units, for a total of 40 units.
What are the income limits for affordable housing in Wayne County, NY?+
For a 4-person household in Wayne County, NY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,100, Low Income (80% AMI): $64,150. These limits are set by HUD and updated annually.
Who is eligible to live at Wolcott Meadows Phase Ii?+
Wolcott Meadows Phase Ii 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 Wolcott, NY?+
Based on Fair Market Rent for Wayne County, the estimated price range is: 1-bedroom: $1050, 2-bedroom: $1307. Actual rent at Wolcott Meadows Phase Ii may be lower for income-eligible households.
Who manages Wolcott Meadows Phase Ii?+
Wolcott Meadows Phase Ii is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Wolcott Meadows Phase Ii?+
Wolcott Meadows Phase Ii 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.
Contact Information
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