About This Property
Cardinal Cove Apartments comprises 50 low-income units in Union, NY, serving families, elderly, and disabled residents. The property includes 12 one-bedroom, 26 two-bedroom, and 12 three-bedroom units and was placed in service in 2016. Financing for the development includes CDBG funding and 9% LIHTC credits.
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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Endicott, 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 Cardinal Cove Apartments is typically 30% of household income or less.
What size apartments are available at Cardinal Cove Apartments?+
Cardinal Cove Apartments offers the following unit types: 12 One-Bedroom, 26 Two-Bedroom, 12 Three-Bedroom units, for a total of 50 units.
What is the price range for apartments in Endicott, 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 Cardinal Cove Apartments may be lower for income-eligible households.
Who is eligible to live at Cardinal Cove Apartments?+
Cardinal Cove Apartments primarily serves families, elderly residents, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Cardinal Cove Apartments?+
Cardinal Cove Apartments 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 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.
Who manages Cardinal Cove Apartments?+
Cardinal Cove Apartments is managed by . You can reach them at . Visit their website for more information.
Contact Information
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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