About This Property
Lakeside is a 24-unit affordable housing community in Eagle Bay, NY that serves elderly residents. The property contains 22 one-bedroom units and 2 two-bedroom units, all designated as low-income housing. The development utilizes 4% Low-Income Housing Tax Credits to support its operation.
Property Details
Fair Market Rent - Herkimer 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 | $785 |
| 1 Bedroom | $790 |
| 2 Bedroom | $992 |
| 3 Bedroom | $1,199 |
| 4 Bedroom | $1,410 |
Income Limits - Herkimer 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 Eagle Bay, NY?+
The Fair Market Rent (FMR) for Herkimer County, NY is: $785 (Studio), $790 (1BR), $992 (2BR), $1199 (3BR), $1410 (4BR). Actual rent at subsidized properties like Lakeside is typically 30% of household income or less.
What size apartments are available at Lakeside?+
Lakeside offers the following unit types: 22 One-Bedroom, 2 Two-Bedroom units, for a total of 24 units.
What is the price range for apartments in Eagle Bay, NY?+
Based on Fair Market Rent for Herkimer County, the estimated price range is: 1-bedroom: $790, 2-bedroom: $992. Actual rent at Lakeside may be lower for income-eligible households.
Who manages Lakeside?+
Lakeside is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Lakeside?+
Lakeside primarily serves elderly residents. 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 Herkimer County, NY?+
For a 4-person household in Herkimer 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.
How do I apply for housing at Lakeside?+
Lakeside 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.
Contact Information
Location
Herkimer County, NY
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