About This Property
New Court Terrace comprises 45 low-income units in Springfield, MA that have served families since 2004. The property offers a mix of studio, one-bedroom, two-bedroom, and three-bedroom units. Financing includes HOME and CDBG funding with 9% LIHTC credits, and the property is owned and operated by a non-profit organization.
Waitlist Information
Waitlist managed by Springfield Housing Authority
The SHA may, from time to time, open or close waitlists if it finds that an applicant for a particular program cannot be expected to be housed in a reasonable length of time. Eligibility is based on factors including income, qualification as elderly, disabled, or as a family, and U.S. citizenship or eligible immigration status.
The Section 8 Rental Certificate Program is extremely popular, and the waiting list is now at between 5 and 10 years. The waiting list always remains open to new applicants. Participants usually pay no more than 30 percent of their monthly-adjusted income towards rent and utilities. Voucher holders cannot pay more than 40 percent of adjusted gross family income toward rent and utilities.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Hampden County, MA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $934 |
| 1 Bedroom | $1,115 |
| 2 Bedroom | $1,375 |
| 3 Bedroom | $1,669 |
| 4 Bedroom | $1,954 |
Income Limits - Hampden County, MA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,700
- Very Low (50%)
- $29,450
- Low (80%)
- $47,150
- Extremely Low (30%)
- $20,200
- Very Low (50%)
- $33,650
- Low (80%)
- $53,850
- Extremely Low (30%)
- $22,750
- Very Low (50%)
- $37,850
- Low (80%)
- $60,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,050
- Low (80%)
- $67,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,450
- Low (80%)
- $72,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,800
- Low (80%)
- $78,100
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,150
- Low (80%)
- $83,500
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $55,550
- Low (80%)
- $88,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,700 | $29,450 | $47,150 |
| 2 Persons | $20,200 | $33,650 | $53,850 |
| 3 Persons | $22,750 | $37,850 | $60,600 |
| 4 Persons | $26,500 | $42,050 | $67,300 |
| 5 Persons | $31,040 | $45,450 | $72,700 |
| 6 Persons | $35,580 | $48,800 | $78,100 |
| 7 Persons | $40,120 | $52,150 | $83,500 |
| 8 Persons | $44,660 | $55,550 | $88,850 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Springfield, MA?+
The Fair Market Rent (FMR) for Hampden County, MA is: $934 (Studio), $1115 (1BR), $1375 (2BR), $1669 (3BR), $1954 (4BR). Actual rent at subsidized properties like New Court Terrace is typically 30% of household income or less.
What size apartments are available at New Court Terrace?+
New Court Terrace offers the following unit types: 29 Studio, 1 One-Bedroom, 9 Two-Bedroom, 6 Three-Bedroom units, for a total of 45 units.
Who is eligible to live at New Court Terrace?+
New Court Terrace primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages New Court Terrace?+
New Court Terrace is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for New Court Terrace?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What are the income limits for affordable housing in Hampden County, MA?+
For a 4-person household in Hampden County, MA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,050, Low Income (80% AMI): $67,300. These limits are set by HUD and updated annually.
How do I apply for housing at New Court Terrace?+
New Court 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 is the price range for apartments in Springfield, MA?+
Based on Fair Market Rent for Hampden County, the estimated price range is: 1-bedroom: $1115, 2-bedroom: $1375, 3-bedroom: $1669. Actual rent at New Court Terrace may be lower for income-eligible households.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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