About This Property
Randolph Terrace Apts comprises 24 units in Randolph, NY, with 22 units designated as low-income housing. The property includes twenty-two one-bedroom units and serves elderly residents, operating under 4% Low-Income Housing Tax Credit financing. Management and contact information is available upon request.
Property Details
Fair Market Rent - Cattaraugus 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 | $705 |
| 1 Bedroom | $709 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,138 |
| 4 Bedroom | $1,291 |
Income Limits - Cattaraugus 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 Randolph, NY?+
The Fair Market Rent (FMR) for Cattaraugus County, NY is: $705 (Studio), $709 (1BR), $905 (2BR), $1138 (3BR), $1291 (4BR). Actual rent at subsidized properties like Randolph Terrace Apts is typically 30% of household income or less.
What size apartments are available at Randolph Terrace Apts?+
Randolph Terrace Apts offers the following unit types: 22 One-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Cattaraugus County, NY?+
For a 4-person household in Cattaraugus 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.
Who manages Randolph Terrace Apts?+
Randolph Terrace Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Randolph Terrace Apts?+
Randolph Terrace Apts primarily serves elderly residents. 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 Randolph Terrace Apts?+
Randolph Terrace 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 Randolph, NY?+
Based on Fair Market Rent for Cattaraugus County, the estimated price range is: 1-bedroom: $709. Actual rent at Randolph Terrace Apts may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
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