About This Property
New Hope offers 12 low-income residential units in Rollinsford, NH, consisting of two one-bedroom and ten two-bedroom apartments. The property, placed in service in 1998, operates under 9% Low-Income Housing Tax Credit financing and is owned and managed by a non-profit organization.
Property Details
Fair Market Rent - Strafford 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 | $1,481 |
| 1 Bedroom | $1,582 |
| 2 Bedroom | $2,003 |
| 3 Bedroom | $2,557 |
| 4 Bedroom | $2,999 |
Income Limits - Strafford County, NH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $22,400
- Very Low (50%)
- $37,350
- Low (80%)
- $55,950
- Extremely Low (30%)
- $25,600
- Very Low (50%)
- $42,650
- Low (80%)
- $63,950
- Extremely Low (30%)
- $28,800
- Very Low (50%)
- $48,000
- Low (80%)
- $71,950
- Extremely Low (30%)
- $32,000
- Very Low (50%)
- $53,300
- Low (80%)
- $79,900
- Extremely Low (30%)
- $34,600
- Very Low (50%)
- $57,600
- Low (80%)
- $86,300
- Extremely Low (30%)
- $37,150
- Very Low (50%)
- $61,850
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $66,100
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $70,400
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $22,400 | $37,350 | $55,950 |
| 2 Persons | $25,600 | $42,650 | $63,950 |
| 3 Persons | $28,800 | $48,000 | $71,950 |
| 4 Persons | $32,000 | $53,300 | $79,900 |
| 5 Persons | $34,600 | $57,600 | $86,300 |
| 6 Persons | $37,150 | $61,850 | $92,700 |
| 7 Persons | $40,120 | $66,100 | $99,100 |
| 8 Persons | $44,660 | $70,400 | $105,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Rollinsford, NH?+
The Fair Market Rent (FMR) for Strafford County, NH is: $1481 (Studio), $1582 (1BR), $2003 (2BR), $2557 (3BR), $2999 (4BR). Actual rent at subsidized properties like New Hope is typically 30% of household income or less.
What size apartments are available at New Hope?+
New Hope offers the following unit types: 2 One-Bedroom, 10 Two-Bedroom units, for a total of 12 units.
Who manages New Hope?+
New Hope is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Rollinsford, NH?+
Based on Fair Market Rent for Strafford County, the estimated price range is: 1-bedroom: $1582, 2-bedroom: $2003. Actual rent at New Hope may be lower for income-eligible households.
What are the income limits for affordable housing in Strafford County, NH?+
For a 4-person household in Strafford County, NH, the income limits are: Extremely Low Income (30% AMI): $32,000, Very Low Income (50% AMI): $53,300, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
How do I apply for housing at New Hope?+
New Hope 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
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near New Hope
Somersworth Housing Authority
Somersworth, NH
206 UnitsQueensbury Mill
Somersworth, NH
24 UnitsWoodbury Mills
Dover, NH
42 UnitsMaple Street Somersworth
Somersworth, NH
37 UnitsBradley Commons I
Dover, NH
39 UnitsBellamy Mills
Dover, NH
30 Units