About This Property
Millpond Lp is a 360-unit multifamily community in Broad Brook, CT that includes 148 low-income units funded through 4% Low-Income Housing Tax Credits and tax-exempt bonds. The property, which has been in service since 2001, offers a mix of one-, two-, and three-bedroom floor plans with 64 one-bedroom units, 267 two-bedroom units, and 30 three-bedroom units. This Hartford County development provides rental housing options across multiple unit sizes.
Property Details
Fair Market Rent - Hartford County, CT
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,121 |
| 1 Bedroom | $1,319 |
| 2 Bedroom | $1,654 |
| 3 Bedroom | $2,000 |
| 4 Bedroom | $2,425 |
Income Limits - Hartford County, CT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $21,950
- Very Low (50%)
- $36,550
- Low (80%)
- $55,950
- Extremely Low (30%)
- $25,050
- Very Low (50%)
- $41,750
- Low (80%)
- $63,950
- Extremely Low (30%)
- $28,200
- Very Low (50%)
- $46,950
- Low (80%)
- $71,950
- Extremely Low (30%)
- $31,300
- Very Low (50%)
- $52,150
- Low (80%)
- $79,900
- Extremely Low (30%)
- $33,850
- Very Low (50%)
- $56,350
- Low (80%)
- $86,300
- Extremely Low (30%)
- $36,350
- Very Low (50%)
- $60,500
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $64,700
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $68,850
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $21,950 | $36,550 | $55,950 |
| 2 Persons | $25,050 | $41,750 | $63,950 |
| 3 Persons | $28,200 | $46,950 | $71,950 |
| 4 Persons | $31,300 | $52,150 | $79,900 |
| 5 Persons | $33,850 | $56,350 | $86,300 |
| 6 Persons | $36,350 | $60,500 | $92,700 |
| 7 Persons | $40,120 | $64,700 | $99,100 |
| 8 Persons | $44,660 | $68,850 | $105,500 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Broad Brook, CT?+
The Fair Market Rent (FMR) for Hartford County, CT is: $1121 (Studio), $1319 (1BR), $1654 (2BR), $2000 (3BR), $2425 (4BR). Actual rent at subsidized properties like Millpond Lp is typically 30% of household income or less.
What size apartments are available at Millpond Lp?+
Millpond Lp offers the following unit types: 64 One-Bedroom, 267 Two-Bedroom, 30 Three-Bedroom units, for a total of 360 units.
What is the price range for apartments in Broad Brook, CT?+
Based on Fair Market Rent for Hartford County, the estimated price range is: 1-bedroom: $1319, 2-bedroom: $1654, 3-bedroom: $2000. Actual rent at Millpond Lp may be lower for income-eligible households.
What are the income limits for affordable housing in Hartford County, CT?+
For a 4-person household in Hartford County, CT, the income limits are: Extremely Low Income (30% AMI): $31,300, Very Low Income (50% AMI): $52,150, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
Who manages Millpond Lp?+
Millpond Lp is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Millpond Lp?+
Millpond Lp 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
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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