About This Property
Jordan Brook Terrace is an affordable housing community in Waterford, CT, comprising 25 one-bedroom units developed with 9% Low-Income Housing Tax Credits. The property has been in service since 1998 and includes 21 low-income units. The community is managed to provide housing options for residents in New London County.
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 Waterford, 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 Jordan Brook Terrace is typically 30% of household income or less.
What size apartments are available at Jordan Brook Terrace?+
Jordan Brook Terrace offers the following unit types: 25 One-Bedroom units, for a total of 25 units.
Who manages Jordan Brook Terrace?+
Jordan Brook Terrace is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Waterford, CT?+
Based on Fair Market Rent for New London County, the estimated price range is: 1-bedroom: $1263. Actual rent at Jordan Brook Terrace may be lower for income-eligible households.
How do I apply for housing at Jordan Brook Terrace?+
Jordan Brook Terrace 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 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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