About This Property
Newfound River Apartments offers 32 units in Bristol, serving low-income families with 29 affordable units available. The property includes 14 one-bedroom and 18 two-bedroom apartments and was placed in service in 2018. The development utilizes 9% Low-Income Housing Tax Credits and Community Development Block Grant funding.
Property Details
Fair Market Rent - Grafton County, NH
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $891 |
| 1 Bedroom | $1,001 |
| 2 Bedroom | $1,315 |
| 3 Bedroom | $1,708 |
| 4 Bedroom | $1,940 |
Income Limits - Grafton County, NH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,500
- Very Low (50%)
- $30,800
- Low (80%)
- $49,300
- Extremely Low (30%)
- $21,150
- Very Low (50%)
- $35,200
- Low (80%)
- $56,350
- Extremely Low (30%)
- $23,800
- Very Low (50%)
- $39,600
- Low (80%)
- $63,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $44,000
- Low (80%)
- $70,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $47,550
- Low (80%)
- $76,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $51,050
- Low (80%)
- $81,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $54,600
- Low (80%)
- $87,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $58,100
- Low (80%)
- $92,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,500 | $30,800 | $49,300 |
| 2 Persons | $21,150 | $35,200 | $56,350 |
| 3 Persons | $23,800 | $39,600 | $63,400 |
| 4 Persons | $26,500 | $44,000 | $70,400 |
| 5 Persons | $31,040 | $47,550 | $76,050 |
| 6 Persons | $35,580 | $51,050 | $81,700 |
| 7 Persons | $40,120 | $54,600 | $87,300 |
| 8 Persons | $44,660 | $58,100 | $92,950 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bristol, NH?+
The Fair Market Rent (FMR) for Grafton County, NH is: $891 (Studio), $1001 (1BR), $1315 (2BR), $1708 (3BR), $1940 (4BR). Actual rent at subsidized properties like Newfound River Apartments is typically 30% of household income or less.
What size apartments are available at Newfound River Apartments?+
Newfound River Apartments offers the following unit types: 14 One-Bedroom, 18 Two-Bedroom units, for a total of 32 units.
How do I apply for housing at Newfound River Apartments?+
Newfound River Apartments 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.
Who is eligible to live at Newfound River Apartments?+
Newfound River Apartments 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 Grafton County, NH?+
For a 4-person household in Grafton County, NH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $44,000, Low Income (80% AMI): $70,400. These limits are set by HUD and updated annually.
Who manages Newfound River Apartments?+
Newfound River Apartments is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Bristol, NH?+
Based on Fair Market Rent for Grafton County, the estimated price range is: 1-bedroom: $1001, 2-bedroom: $1315. Actual rent at Newfound River Apartments may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
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