About This Property
Corfu Meadows comprises 24 one-bedroom units designated for low-income families in Corfu, NY. The property is financed through 4% Low-Income Housing Tax Credits and serves households meeting income eligibility requirements. Units are managed to provide stable, affordable housing options in Genesee County.
Property Details
Fair Market Rent - Genesee 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 | $662 |
| 1 Bedroom | $804 |
| 2 Bedroom | $976 |
| 3 Bedroom | $1,217 |
| 4 Bedroom | $1,352 |
Income Limits - Genesee County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,250
- Very Low (50%)
- $27,100
- Low (80%)
- $43,300
- Extremely Low (30%)
- $18,600
- Very Low (50%)
- $30,950
- Low (80%)
- $49,500
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,800
- Low (80%)
- $55,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,650
- Low (80%)
- $61,850
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,750
- Low (80%)
- $66,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,850
- Low (80%)
- $71,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,950
- Low (80%)
- $76,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,050
- Low (80%)
- $81,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,250 | $27,100 | $43,300 |
| 2 Persons | $18,600 | $30,950 | $49,500 |
| 3 Persons | $21,960 | $34,800 | $55,700 |
| 4 Persons | $26,500 | $38,650 | $61,850 |
| 5 Persons | $31,040 | $41,750 | $66,800 |
| 6 Persons | $35,580 | $44,850 | $71,750 |
| 7 Persons | $40,120 | $47,950 | $76,700 |
| 8 Persons | $44,660 | $51,050 | $81,650 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Corfu, NY?+
The Fair Market Rent (FMR) for Genesee County, NY is: $662 (Studio), $804 (1BR), $976 (2BR), $1217 (3BR), $1352 (4BR). Actual rent at subsidized properties like Corfu Meadows is typically 30% of household income or less.
What size apartments are available at Corfu Meadows?+
Corfu Meadows offers the following unit types: 24 One-Bedroom units, for a total of 24 units.
Who manages Corfu Meadows?+
Corfu Meadows is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Corfu Meadows?+
Corfu Meadows 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 Corfu Meadows?+
Corfu Meadows primarily serves families. 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 Corfu, NY?+
Based on Fair Market Rent for Genesee County, the estimated price range is: 1-bedroom: $804. Actual rent at Corfu Meadows may be lower for income-eligible households.
What are the income limits for affordable housing in Genesee County, NY?+
For a 4-person household in Genesee County, NY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,650, Low Income (80% AMI): $61,850. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.