
About This Property
The Cottage Hotel in Franklin, NH contains 6 low-income residential units and has been in service since 1994. This property offers affordable housing options in Merrimack County. Interested parties may contact the property management for additional information regarding availability and lease terms.
Property Details
Fair Market Rent - Merrimack 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 | $972 |
| 1 Bedroom | $1,086 |
| 2 Bedroom | $1,427 |
| 3 Bedroom | $1,877 |
| 4 Bedroom | $1,900 |
Income Limits - Merrimack County, NH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $19,700
- Very Low (50%)
- $32,800
- Low (80%)
- $52,450
- Extremely Low (30%)
- $22,500
- Very Low (50%)
- $37,450
- Low (80%)
- $59,950
- Extremely Low (30%)
- $25,300
- Very Low (50%)
- $42,150
- Low (80%)
- $67,450
- Extremely Low (30%)
- $28,100
- Very Low (50%)
- $46,800
- Low (80%)
- $74,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $50,550
- Low (80%)
- $80,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $54,300
- Low (80%)
- $86,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $58,050
- Low (80%)
- $92,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $61,800
- Low (80%)
- $98,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $19,700 | $32,800 | $52,450 |
| 2 Persons | $22,500 | $37,450 | $59,950 |
| 3 Persons | $25,300 | $42,150 | $67,450 |
| 4 Persons | $28,100 | $46,800 | $74,900 |
| 5 Persons | $31,040 | $50,550 | $80,900 |
| 6 Persons | $35,580 | $54,300 | $86,900 |
| 7 Persons | $40,120 | $58,050 | $92,900 |
| 8 Persons | $44,660 | $61,800 | $98,900 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Franklin, NH?+
The Fair Market Rent (FMR) for Merrimack County, NH is: $972 (Studio), $1086 (1BR), $1427 (2BR), $1877 (3BR), $1900 (4BR). Actual rent at subsidized properties like Cottage Hotel is typically 30% of household income or less.
What are the income limits for affordable housing in Merrimack County, NH?+
For a 4-person household in Merrimack County, NH, the income limits are: Extremely Low Income (30% AMI): $28,100, Very Low Income (50% AMI): $46,800, Low Income (80% AMI): $74,900. These limits are set by HUD and updated annually.
Who manages Cottage Hotel?+
Cottage Hotel is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Cottage Hotel?+
Cottage Hotel 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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