About This Property
Gile Hill Apartments Phase 2 offers 15 one-bedroom units in Hanover, NH, designated as low-income housing and financed through a combination of 9% Low-Income Housing Tax Credits and CDBG funding. The property, placed in service in 2016, serves families and operates under non-profit ownership. These units provide affordable rental options in Grafton County.
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 Hanover, 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 Gile Hill Apartments Phase 2 is typically 30% of household income or less.
What size apartments are available at Gile Hill Apartments Phase 2?+
Gile Hill Apartments Phase 2 offers the following unit types: 15 One-Bedroom units, for a total of 15 units.
Who manages Gile Hill Apartments Phase 2?+
Gile Hill Apartments Phase 2 is managed by . You can reach them at . Visit their website for more information.
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.
How do I apply for housing at Gile Hill Apartments Phase 2?+
Gile Hill Apartments Phase 2 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 Gile Hill Apartments Phase 2?+
Gile Hill Apartments Phase 2 primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Hanover, NH?+
Based on Fair Market Rent for Grafton County, the estimated price range is: 1-bedroom: $1001. Actual rent at Gile Hill Apartments Phase 2 may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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