About This Property
Vestal Pines Apts is a 24-unit affordable housing community in Vestal, NY that has served elderly residents since 2008. The property offers 20 one-bedroom units and 4 two-bedroom units, all designated as low-income housing with 9% Low-Income Housing Tax Credit financing. A non-profit organization owns and manages the community.
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 Vestal, 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 Vestal Pines Apts is typically 30% of household income or less.
What size apartments are available at Vestal Pines Apts?+
Vestal Pines Apts offers the following unit types: 20 One-Bedroom, 4 Two-Bedroom units, for a total of 24 units.
Who is eligible to live at Vestal Pines Apts?+
Vestal Pines Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Vestal Pines Apts?+
Vestal Pines Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Vestal Pines Apts?+
Vestal Pines 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 is the price range for apartments in Vestal, NY?+
Based on Fair Market Rent for Broome County, the estimated price range is: 1-bedroom: $904, 2-bedroom: $1141. Actual rent at Vestal Pines Apts 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.
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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