About This Property
Northridge Homes offers 24 low-income rental units in Arcade, NY, including eighteen 3-bedroom and six 4-bedroom apartments. The property, placed in service in 2005, serves families and individuals experiencing homelessness and is financed through 9% Low-Income Housing Tax Credits. Interested applicants should contact the property management for information on availability and lease terms.
Property Details
Fair Market Rent - Wyoming 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 | $724 |
| 1 Bedroom | $728 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,220 |
| 4 Bedroom | $1,345 |
Income Limits - Wyoming County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,400
- Very Low (50%)
- $25,600
- Low (80%)
- $40,950
- Extremely Low (30%)
- $17,600
- Very Low (50%)
- $29,250
- Low (80%)
- $46,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,900
- Low (80%)
- $52,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,550
- Low (80%)
- $58,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,500
- Low (80%)
- $63,200
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,400
- Low (80%)
- $67,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,350
- Low (80%)
- $72,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,250
- Low (80%)
- $77,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,400 | $25,600 | $40,950 |
| 2 Persons | $17,600 | $29,250 | $46,800 |
| 3 Persons | $21,960 | $32,900 | $52,650 |
| 4 Persons | $26,500 | $36,550 | $58,500 |
| 5 Persons | $31,040 | $39,500 | $63,200 |
| 6 Persons | $35,580 | $42,400 | $67,900 |
| 7 Persons | $40,120 | $45,350 | $72,550 |
| 8 Persons | $44,660 | $48,250 | $77,250 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Arcade, NY?+
The Fair Market Rent (FMR) for Wyoming County, NY is: $724 (Studio), $728 (1BR), $905 (2BR), $1220 (3BR), $1345 (4BR). Actual rent at subsidized properties like Northridge Homes is typically 30% of household income or less.
What size apartments are available at Northridge Homes?+
Northridge Homes offers the following unit types: 18 Three-Bedroom, 6 Four-Bedroom units, for a total of 24 units.
Who is eligible to live at Northridge Homes?+
Northridge Homes primarily serves families, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Northridge Homes?+
Northridge Homes is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Wyoming County, NY?+
For a 4-person household in Wyoming County, NY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,550, Low Income (80% AMI): $58,500. These limits are set by HUD and updated annually.
What is the price range for apartments in Arcade, NY?+
Based on Fair Market Rent for Wyoming County, the estimated price range is: 3-bedroom: $1220. Actual rent at Northridge Homes may be lower for income-eligible households.
How do I apply for housing at Northridge Homes?+
Northridge Homes 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.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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