About This Property
Apartments At the Belmont offers 19 low-income units in Belmont, NY, consisting of 15 one-bedroom and 4 two-bedroom apartments. The property, placed in service in 2009, serves families and disabled residents through financing that includes HOME funding and 9% Low-Income Housing Tax Credits. A non-profit organization owns and manages the community.
Property Details
Fair Market Rent - Allegany County, NY
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $676 |
| 1 Bedroom | $731 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,130 |
| 4 Bedroom | $1,288 |
Income Limits - Allegany County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,600
- Very Low (50%)
- $24,300
- Low (80%)
- $38,850
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,800
- Low (80%)
- $44,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,250
- Low (80%)
- $49,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,700
- Low (80%)
- $55,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,500
- Low (80%)
- $59,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,300
- Low (80%)
- $64,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,050
- Low (80%)
- $68,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,850
- Low (80%)
- $73,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,600 | $24,300 | $38,850 |
| 2 Persons | $17,420 | $27,800 | $44,400 |
| 3 Persons | $21,960 | $31,250 | $49,950 |
| 4 Persons | $26,500 | $34,700 | $55,500 |
| 5 Persons | $31,040 | $37,500 | $59,950 |
| 6 Persons | $35,580 | $40,300 | $64,400 |
| 7 Persons | $40,120 | $43,050 | $68,850 |
| 8 Persons | $44,660 | $45,850 | $73,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Belmont, NY?+
The Fair Market Rent (FMR) for Allegany County, NY is: $676 (Studio), $731 (1BR), $905 (2BR), $1130 (3BR), $1288 (4BR). Actual rent at subsidized properties like Apartments At the Belmont is typically 30% of household income or less.
What size apartments are available at Apartments At the Belmont?+
Apartments At the Belmont offers the following unit types: 15 One-Bedroom, 4 Two-Bedroom units, for a total of 19 units.
Who is eligible to live at Apartments At the Belmont?+
Apartments At the Belmont primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Allegany County, NY?+
For a 4-person household in Allegany County, NY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,700, Low Income (80% AMI): $55,500. These limits are set by HUD and updated annually.
Who manages Apartments At the Belmont?+
Apartments At the Belmont is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Belmont, NY?+
Based on Fair Market Rent for Allegany County, the estimated price range is: 1-bedroom: $731, 2-bedroom: $905. Actual rent at Apartments At the Belmont may be lower for income-eligible households.
How do I apply for housing at Apartments At the Belmont?+
Apartments At the Belmont 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.
Walk Score
Almost All Errands Require a Car
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