About This Property
Merriam Heights Apts offers 24 low-income units in Wellsville, New York, serving families with a mix of one, two, and three-bedroom floor plans. The property has been in service since 2005 and receives 9% Low-Income Housing Tax Credit funding. The unit distribution includes four 1-bedroom, sixteen 2-bedroom, and four 3-bedroom apartments.
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 Wellsville, 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 Merriam Heights Apts is typically 30% of household income or less.
What size apartments are available at Merriam Heights Apts?+
Merriam Heights Apts offers the following unit types: 4 One-Bedroom, 16 Two-Bedroom, 4 Three-Bedroom units, for a total of 24 units.
Who manages Merriam Heights Apts?+
Merriam Heights Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Merriam Heights Apts?+
Merriam Heights Apts primarily serves families. 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.
What is the price range for apartments in Wellsville, NY?+
Based on Fair Market Rent for Allegany County, the estimated price range is: 1-bedroom: $731, 2-bedroom: $905, 3-bedroom: $1130. Actual rent at Merriam Heights Apts may be lower for income-eligible households.
How do I apply for housing at Merriam Heights Apts?+
Merriam Heights Apts 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
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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