About This Property
Ellis Pines Senior Apts comprises 24 low-income units in Homer, NY, serving elderly residents with a mix of 21 one-bedroom and 3 two-bedroom apartments. The property was placed in service in 2007 and utilizes 9% LIHTC credits. The community provides affordable housing options for seniors in Cortland County.
Property Details
Fair Market Rent - Cortland 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 | $800 |
| 1 Bedroom | $805 |
| 2 Bedroom | $992 |
| 3 Bedroom | $1,215 |
| 4 Bedroom | $1,683 |
Income Limits - Cortland County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,200
- Very Low (50%)
- $25,300
- Low (80%)
- $40,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,900
- Low (80%)
- $46,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,500
- Low (80%)
- $52,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,000
- Low (80%)
- $62,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,900
- Low (80%)
- $67,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,800
- Low (80%)
- $71,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,700
- Low (80%)
- $76,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,200 | $25,300 | $40,450 |
| 2 Persons | $17,420 | $28,900 | $46,200 |
| 3 Persons | $21,960 | $32,500 | $52,000 |
| 4 Persons | $26,500 | $36,100 | $57,750 |
| 5 Persons | $31,040 | $39,000 | $62,400 |
| 6 Persons | $35,580 | $41,900 | $67,000 |
| 7 Persons | $40,120 | $44,800 | $71,650 |
| 8 Persons | $44,660 | $47,700 | $76,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Homer, NY?+
The Fair Market Rent (FMR) for Cortland County, NY is: $800 (Studio), $805 (1BR), $992 (2BR), $1215 (3BR), $1683 (4BR). Actual rent at subsidized properties like Ellis Pines Senior Apts is typically 30% of household income or less.
What size apartments are available at Ellis Pines Senior Apts?+
Ellis Pines Senior Apts offers the following unit types: 21 One-Bedroom, 3 Two-Bedroom units, for a total of 24 units.
Who manages Ellis Pines Senior Apts?+
Ellis Pines Senior Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Cortland County, NY?+
For a 4-person household in Cortland County, NY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,100, Low Income (80% AMI): $57,750. These limits are set by HUD and updated annually.
What is the price range for apartments in Homer, NY?+
Based on Fair Market Rent for Cortland County, the estimated price range is: 1-bedroom: $805, 2-bedroom: $992. Actual rent at Ellis Pines Senior Apts may be lower for income-eligible households.
Who is eligible to live at Ellis Pines Senior Apts?+
Ellis Pines Senior 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 Ellis Pines Senior Apts?+
Ellis Pines Senior 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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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