About This Property
Paden City Gardens provides 16 one-bedroom units for low-income households in New Martinsville, Wetzel County. The property has been in service since 1992 and is financed through a 4% Low-Income Housing Tax Credit allocation. Current management and contact information is available upon request.
Property Details
Fair Market Rent - Wetzel County, WV
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $699 |
| 1 Bedroom | $703 |
| 2 Bedroom | $924 |
| 3 Bedroom | $1,117 |
| 4 Bedroom | $1,231 |
Income Limits - Wetzel County, WV
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,500
- Low (80%)
- $31,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,250
- Low (80%)
- $35,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,050
- Low (80%)
- $40,050
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,800
- Low (80%)
- $44,500
- Extremely Low (30%)
- $30,050
- Very Low (50%)
- $30,050
- Low (80%)
- $48,100
- Extremely Low (30%)
- $32,250
- Very Low (50%)
- $32,250
- Low (80%)
- $51,650
- Extremely Low (30%)
- $34,500
- Very Low (50%)
- $34,500
- Low (80%)
- $55,200
- Extremely Low (30%)
- $36,700
- Very Low (50%)
- $36,700
- Low (80%)
- $58,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,500 | $31,150 |
| 2 Persons | $17,420 | $22,250 | $35,600 |
| 3 Persons | $21,960 | $25,050 | $40,050 |
| 4 Persons | $26,500 | $27,800 | $44,500 |
| 5 Persons | $30,050 | $30,050 | $48,100 |
| 6 Persons | $32,250 | $32,250 | $51,650 |
| 7 Persons | $34,500 | $34,500 | $55,200 |
| 8 Persons | $36,700 | $36,700 | $58,750 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in New Martinsville, WV?+
The Fair Market Rent (FMR) for Wetzel County, WV is: $699 (Studio), $703 (1BR), $924 (2BR), $1117 (3BR), $1231 (4BR). Actual rent at subsidized properties like Paden City Gardens is typically 30% of household income or less.
What size apartments are available at Paden City Gardens?+
Paden City Gardens offers the following unit types: 16 One-Bedroom units, for a total of 16 units.
What are the income limits for affordable housing in Wetzel County, WV?+
For a 4-person household in Wetzel County, WV, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,800, Low Income (80% AMI): $44,500. These limits are set by HUD and updated annually.
Who manages Paden City Gardens?+
Paden City Gardens is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Paden City Gardens?+
Paden City Gardens 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.
What is the price range for apartments in New Martinsville, WV?+
Based on Fair Market Rent for Wetzel County, the estimated price range is: 1-bedroom: $703. Actual rent at Paden City Gardens may be lower for income-eligible households.