About This Property
Malone Phase III contains 12 low-income rental units in Malone, NY, serving families with a mix of eight 2-bedroom and four 3-bedroom apartments. The property has been in service since 1999 and operates as a 9% Low-Income Housing Tax Credit (LIHTC) project. This Franklin County development provides affordable housing options for eligible households.
Waitlist Information
Waitlist managed by Malone Housing Authority
The Malone Housing Authority is currently accepting public housing waiting list applications, which are placed by date and time received with no specific preferences.
The Malone Housing Authority's Section 8 waiting list opened in April 2026; no specific preferences or application deadlines were identified.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Franklin 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 | $613 |
| 1 Bedroom | $763 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,151 |
| 4 Bedroom | $1,310 |
Income Limits - Franklin 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 Malone, NY?+
The Fair Market Rent (FMR) for Franklin County, NY is: $613 (Studio), $763 (1BR), $905 (2BR), $1151 (3BR), $1310 (4BR). Actual rent at subsidized properties like Malone Phase Iii is typically 30% of household income or less.
What size apartments are available at Malone Phase Iii?+
Malone Phase Iii offers the following unit types: 8 Two-Bedroom, 4 Three-Bedroom units, for a total of 12 units.
Who is eligible to live at Malone Phase Iii?+
Malone Phase Iii primarily serves families. 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 Franklin County, NY?+
For a 4-person household in Franklin 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.
How do I apply for housing at Malone Phase Iii?+
Malone Phase Iii 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 Malone, NY?+
Based on Fair Market Rent for Franklin County, the estimated price range is: 2-bedroom: $905, 3-bedroom: $1151. Actual rent at Malone Phase Iii may be lower for income-eligible households.
Who manages Malone Phase Iii?+
Malone Phase Iii is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Malone Phase Iii?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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