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 open or close waitlists if an applicant cannot be housed in a reasonable length of time. Currently, it appears open as no closure is mentioned.
The waiting list is currently at between 5 and 10 years. The waiting list always remains open to new applicants. Eligibility is based on total household income and family size, and is limited to United States citizens, with specified categories of non-citizens who have eligible immigration status. In general, 75 percent of applicants’ family income may not exceed 30 percent of median income for the metropolitan area where the family chooses to live.
Waitlist data provided by section8waitlist.org
Updated July 13, 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 |
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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.
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.
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.
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.
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.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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