About This Property
West Valley Townhouses II comprises 12 units in Lake Placid, NY, including eight 2-bedroom and three 3-bedroom townhouses that serve disabled residents. Eleven units are designated as low-income housing supported by 9% Low-Income Housing Tax Credits since the property was placed in service in 2004. The non-profit owned property offers a mix of unit sizes to accommodate varying household compositions.
Property Details
Fair Market Rent - Essex 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 | $824 |
| 1 Bedroom | $828 |
| 2 Bedroom | $971 |
| 3 Bedroom | $1,309 |
| 4 Bedroom | $1,446 |
Income Limits - Essex 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%)
- $40,550
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $29,000
- Low (80%)
- $46,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,600
- Low (80%)
- $52,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,200
- Low (80%)
- $57,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,100
- Low (80%)
- $62,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,000
- Low (80%)
- $67,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,900
- Low (80%)
- $71,800
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,800
- Low (80%)
- $76,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,200 | $25,350 | $40,550 |
| 2 Persons | $17,420 | $29,000 | $46,350 |
| 3 Persons | $21,960 | $32,600 | $52,150 |
| 4 Persons | $26,500 | $36,200 | $57,900 |
| 5 Persons | $31,040 | $39,100 | $62,550 |
| 6 Persons | $35,580 | $42,000 | $67,200 |
| 7 Persons | $40,120 | $44,900 | $71,800 |
| 8 Persons | $44,660 | $47,800 | $76,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lake Placid, NY?+
The Fair Market Rent (FMR) for Essex County, NY is: $824 (Studio), $828 (1BR), $971 (2BR), $1309 (3BR), $1446 (4BR). Actual rent at subsidized properties like West Valley Townhouses Ii is typically 30% of household income or less.
What size apartments are available at West Valley Townhouses Ii?+
West Valley Townhouses Ii offers the following unit types: 8 Two-Bedroom, 3 Three-Bedroom units, for a total of 12 units.
How do I apply for housing at West Valley Townhouses Ii?+
West Valley Townhouses Ii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 are the income limits for affordable housing in Essex County, NY?+
For a 4-person household in Essex County, NY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,200, Low Income (80% AMI): $57,900. These limits are set by HUD and updated annually.
Who manages West Valley Townhouses Ii?+
West Valley Townhouses Ii is managed by . You can reach them at .
Who is eligible to live at West Valley Townhouses Ii?+
West Valley Townhouses Ii primarily serves persons with disabilities, UNSPECIFIED. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Lake Placid, NY?+
Based on Fair Market Rent for Essex County, the estimated price range is: 2-bedroom: $971, 3-bedroom: $1309. Actual rent at West Valley Townhouses Ii may be lower for income-eligible households.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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