About This Property
Pelham Terrace II comprises 48 one-bedroom units in Pelham, NH designed for low-income households. The property has been in service since 2002 and is non-profit owned, with funding through tax-exempt bonds and 4% Low-Income Housing Tax Credits. Management and leasing inquiries can be directed to the property contact information.
Property Details
Fair Market Rent - Hillsborough 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 | $1,326 |
| 1 Bedroom | $1,489 |
| 2 Bedroom | $1,956 |
| 3 Bedroom | $2,528 |
| 4 Bedroom | $2,737 |
Income Limits - Hillsborough County, NH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $23,050
- Very Low (50%)
- $38,400
- Low (80%)
- $55,950
- Extremely Low (30%)
- $26,350
- Very Low (50%)
- $43,850
- Low (80%)
- $63,950
- Extremely Low (30%)
- $29,650
- Very Low (50%)
- $49,350
- Low (80%)
- $71,950
- Extremely Low (30%)
- $32,900
- Very Low (50%)
- $54,800
- Low (80%)
- $79,900
- Extremely Low (30%)
- $35,550
- Very Low (50%)
- $59,200
- Low (80%)
- $86,300
- Extremely Low (30%)
- $38,200
- Very Low (50%)
- $63,600
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,800
- Very Low (50%)
- $68,000
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $72,350
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $23,050 | $38,400 | $55,950 |
| 2 Persons | $26,350 | $43,850 | $63,950 |
| 3 Persons | $29,650 | $49,350 | $71,950 |
| 4 Persons | $32,900 | $54,800 | $79,900 |
| 5 Persons | $35,550 | $59,200 | $86,300 |
| 6 Persons | $38,200 | $63,600 | $92,700 |
| 7 Persons | $40,800 | $68,000 | $99,100 |
| 8 Persons | $44,660 | $72,350 | $105,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Pelham, NH?+
The Fair Market Rent (FMR) for Hillsborough County, NH is: $1326 (Studio), $1489 (1BR), $1956 (2BR), $2528 (3BR), $2737 (4BR). Actual rent at subsidized properties like Pelham Terrace Ii is typically 30% of household income or less.
What size apartments are available at Pelham Terrace Ii?+
Pelham Terrace Ii offers the following unit types: 48 One-Bedroom units, for a total of 48 units.
How do I apply for housing at Pelham Terrace Ii?+
Pelham Terrace Ii 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 manages Pelham Terrace Ii?+
Pelham Terrace Ii is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Hillsborough County, NH?+
For a 4-person household in Hillsborough County, NH, the income limits are: Extremely Low Income (30% AMI): $32,900, Very Low Income (50% AMI): $54,800, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
What is the price range for apartments in Pelham, NH?+
Based on Fair Market Rent for Hillsborough County, the estimated price range is: 1-bedroom: $1489. Actual rent at Pelham Terrace Ii may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
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