About This Property
Wellsville-Seneca Apts is a 28-unit affordable housing community in Wellsville, NY that serves low-income residents. The property features 12 one-bedroom units, 12 two-bedroom units, and 4 three-bedroom units. Placed in service in 2013, the apartments are funded through HOME program resources and utilize 9% Low-Income Housing Tax Credits.
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 Wellsville-Seneca Apts is typically 30% of household income or less.
What size apartments are available at Wellsville-Seneca Apts?+
Wellsville-Seneca Apts offers the following unit types: 12 One-Bedroom, 12 Two-Bedroom, 4 Three-Bedroom units, for a total of 28 units.
How do I apply for housing at Wellsville-Seneca Apts?+
Wellsville-Seneca 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.
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 Wellsville-Seneca Apts may be lower for income-eligible households.
Who manages Wellsville-Seneca Apts?+
Wellsville-Seneca Apts is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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