About This Property
The Lofts At Ponemah Mills contains 116 units in Norwich, Connecticut, including 70 designated low-income units. The property opened in 2017 and features a mix of one, two, and three-bedroom units designed to serve families. This development is financed through 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - New London 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 | $1,055 |
| 1 Bedroom | $1,263 |
| 2 Bedroom | $1,556 |
| 3 Bedroom | $2,030 |
| 4 Bedroom | $2,625 |
Income Limits - New London County, CT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $21,600
- Very Low (50%)
- $36,050
- Low (80%)
- $55,950
- Extremely Low (30%)
- $24,700
- Very Low (50%)
- $41,200
- Low (80%)
- $63,950
- Extremely Low (30%)
- $27,800
- Very Low (50%)
- $46,350
- Low (80%)
- $71,950
- Extremely Low (30%)
- $30,850
- Very Low (50%)
- $51,450
- Low (80%)
- $79,900
- Extremely Low (30%)
- $33,350
- Very Low (50%)
- $55,600
- Low (80%)
- $86,300
- Extremely Low (30%)
- $35,800
- Very Low (50%)
- $59,700
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $63,800
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $67,950
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $21,600 | $36,050 | $55,950 |
| 2 Persons | $24,700 | $41,200 | $63,950 |
| 3 Persons | $27,800 | $46,350 | $71,950 |
| 4 Persons | $30,850 | $51,450 | $79,900 |
| 5 Persons | $33,350 | $55,600 | $86,300 |
| 6 Persons | $35,800 | $59,700 | $92,700 |
| 7 Persons | $40,120 | $63,800 | $99,100 |
| 8 Persons | $44,660 | $67,950 | $105,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Taftville, CT?+
The Fair Market Rent (FMR) for New London County, CT is: $1055 (Studio), $1263 (1BR), $1556 (2BR), $2030 (3BR), $2625 (4BR). Actual rent at subsidized properties like Lofts At Ponemah Mills (The) is typically 30% of household income or less.
What size apartments are available at Lofts At Ponemah Mills (The)?+
Lofts At Ponemah Mills (The) offers the following unit types: 47 One-Bedroom, 66 Two-Bedroom, 3 Three-Bedroom units, for a total of 116 units.
Who manages Lofts At Ponemah Mills (The)?+
Lofts At Ponemah Mills (The) is managed by . You can reach them at .
What is the price range for apartments in Taftville, CT?+
Based on Fair Market Rent for New London County, the estimated price range is: 1-bedroom: $1263, 2-bedroom: $1556, 3-bedroom: $2030. Actual rent at Lofts At Ponemah Mills (The) may be lower for income-eligible households.
Who is eligible to live at Lofts At Ponemah Mills (The)?+
Lofts At Ponemah Mills (The) primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in New London County, CT?+
For a 4-person household in New London County, CT, the income limits are: Extremely Low Income (30% AMI): $30,850, Very Low Income (50% AMI): $51,450, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
How do I apply for housing at Lofts At Ponemah Mills (The)?+
Lofts At Ponemah Mills (The) is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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