About This Property
Norma Gardens offers 24 low-income residential units in Colesville, NY, with a mix of one-, two-, and three-bedroom apartments serving families and formerly homeless individuals. The property has been in service since 2002 and is financed through 9% Low Income Housing Tax Credits. The development provides housing options across multiple unit sizes to accommodate residents with varying household compositions.
Property Details
Fair Market Rent - Broome 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 | $855 |
| 1 Bedroom | $904 |
| 2 Bedroom | $1,141 |
| 3 Bedroom | $1,494 |
| 4 Bedroom | $1,644 |
Income Limits - Broome County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,200
- Very Low (50%)
- $25,350
- Low (80%)
- $40,500
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,950
- Low (80%)
- $46,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,550
- Low (80%)
- $52,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,150
- Low (80%)
- $57,850
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,050
- Low (80%)
- $62,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,950
- Low (80%)
- $67,150
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,850
- Low (80%)
- $71,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,750
- Low (80%)
- $76,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,200 | $25,350 | $40,500 |
| 2 Persons | $17,420 | $28,950 | $46,300 |
| 3 Persons | $21,960 | $32,550 | $52,100 |
| 4 Persons | $26,500 | $36,150 | $57,850 |
| 5 Persons | $31,040 | $39,050 | $62,500 |
| 6 Persons | $35,580 | $41,950 | $67,150 |
| 7 Persons | $40,120 | $44,850 | $71,750 |
| 8 Persons | $44,660 | $47,750 | $76,400 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Colesville, NY?+
The Fair Market Rent (FMR) for Broome County, NY is: $855 (Studio), $904 (1BR), $1141 (2BR), $1494 (3BR), $1644 (4BR). Actual rent at subsidized properties like Norma Gardens is typically 30% of household income or less.
What size apartments are available at Norma Gardens?+
Norma Gardens offers the following unit types: 8 One-Bedroom, 8 Two-Bedroom, 8 Three-Bedroom units, for a total of 24 units.
What is the price range for apartments in Colesville, NY?+
Based on Fair Market Rent for Broome County, the estimated price range is: 1-bedroom: $904, 2-bedroom: $1141, 3-bedroom: $1494. Actual rent at Norma Gardens may be lower for income-eligible households.
What are the income limits for affordable housing in Broome County, NY?+
For a 4-person household in Broome County, NY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,150, Low Income (80% AMI): $57,850. These limits are set by HUD and updated annually.
How do I apply for housing at Norma Gardens?+
Norma Gardens 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.
Who is eligible to live at Norma Gardens?+
Norma Gardens primarily serves families, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Norma Gardens?+
Norma Gardens is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
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Nearby Schools
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