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 |
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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.
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.
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.
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
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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