About This Property
Willow Crossing is a 24-unit affordable housing community in Penacook, NH that serves families with low incomes. The property offers eight 2-bedroom units and sixteen 3-bedroom units and has been in service since 2003. This non-profit owned development was funded through HOME and financed with 9% Low-Income Housing Tax Credits.
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 Penacook, 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 Willow Crossing is typically 30% of household income or less.
What size apartments are available at Willow Crossing?+
Willow Crossing offers the following unit types: 8 Two-Bedroom, 16 Three-Bedroom units, for a total of 24 units.
How do I apply for housing at Willow Crossing?+
Willow Crossing 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 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.
What is the price range for apartments in Penacook, NH?+
Based on Fair Market Rent for Merrimack County, the estimated price range is: 2-bedroom: $1427, 3-bedroom: $1877. Actual rent at Willow Crossing may be lower for income-eligible households.
Who is eligible to live at Willow Crossing?+
Willow Crossing primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Willow Crossing?+
Willow Crossing is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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