About This Property
Sherburne Housing contains 29 low-income units in Sherburne, NY, consisting of 25 one-bedroom and 4 two-bedroom apartments. The property serves elderly residents and holds 4% Low-Income Housing Tax Credit financing. This Chenango County property operates under affordable housing regulations to provide rental options for qualifying households.
Property Details
Fair Market Rent - Chenango 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 | $672 |
| 1 Bedroom | $777 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,214 |
| 4 Bedroom | $1,354 |
Income Limits - Chenango 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 Sherburne, NY?+
The Fair Market Rent (FMR) for Chenango County, NY is: $672 (Studio), $777 (1BR), $905 (2BR), $1214 (3BR), $1354 (4BR). Actual rent at subsidized properties like Sherburne Housing is typically 30% of household income or less.
What size apartments are available at Sherburne Housing?+
Sherburne Housing offers the following unit types: 25 One-Bedroom, 4 Two-Bedroom units, for a total of 29 units.
What is the price range for apartments in Sherburne, NY?+
Based on Fair Market Rent for Chenango County, the estimated price range is: 1-bedroom: $777, 2-bedroom: $905. Actual rent at Sherburne Housing may be lower for income-eligible households.
What are the income limits for affordable housing in Chenango County, NY?+
For a 4-person household in Chenango 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 Sherburne Housing?+
Sherburne Housing is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Sherburne Housing?+
Sherburne Housing 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 Sherburne Housing?+
Sherburne Housing 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.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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