About This Property
Tonawanda Towers comprises 100 one-bedroom units designated as low-income housing in Tonawanda, NY. The property, which was placed in service in 2007, serves elderly and disabled residents and is funded through tax-exempt bonds with 4% Low-Income Housing Tax Credits. The development offers affordable rental housing in Erie County.
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Erie 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 | $951 |
| 1 Bedroom | $992 |
| 2 Bedroom | $1,163 |
| 3 Bedroom | $1,424 |
| 4 Bedroom | $1,604 |
Income Limits - Erie County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,600
- Very Low (50%)
- $27,650
- Low (80%)
- $44,200
- Extremely Low (30%)
- $18,950
- Very Low (50%)
- $31,600
- Low (80%)
- $50,500
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,550
- Low (80%)
- $56,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,450
- Low (80%)
- $63,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,650
- Low (80%)
- $68,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,800
- Low (80%)
- $73,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,950
- Low (80%)
- $78,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,100
- Low (80%)
- $83,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,600 | $27,650 | $44,200 |
| 2 Persons | $18,950 | $31,600 | $50,500 |
| 3 Persons | $21,960 | $35,550 | $56,800 |
| 4 Persons | $26,500 | $39,450 | $63,100 |
| 5 Persons | $31,040 | $42,650 | $68,150 |
| 6 Persons | $35,580 | $45,800 | $73,200 |
| 7 Persons | $40,120 | $48,950 | $78,250 |
| 8 Persons | $44,660 | $52,100 | $83,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Tonawanda, NY?+
The Fair Market Rent (FMR) for Erie County, NY is: $951 (Studio), $992 (1BR), $1163 (2BR), $1424 (3BR), $1604 (4BR). Actual rent at subsidized properties like Tonawanda Towers is typically 30% of household income or less.
What size apartments are available at Tonawanda Towers?+
Tonawanda Towers offers the following unit types: 100 One-Bedroom units, for a total of 100 units.
How do I apply for housing at Tonawanda Towers?+
Tonawanda Towers 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.
Who is eligible to live at Tonawanda Towers?+
Tonawanda Towers primarily serves elderly residents, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Erie County, NY?+
For a 4-person household in Erie County, NY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,450, Low Income (80% AMI): $63,100. These limits are set by HUD and updated annually.
Who manages Tonawanda Towers?+
Tonawanda Towers is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Tonawanda, NY?+
Based on Fair Market Rent for Erie County, the estimated price range is: 1-bedroom: $992. Actual rent at Tonawanda Towers may be lower for income-eligible households.
What is the HUD inspection score for Tonawanda Towers?+
Tonawanda Towers has a HUD inspection score of 95 out of 100, which is considered excellent. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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