About This Property
Hillside Terrace Apts comprises 10 low-income units in Newport, NY, serving families with a mix of one-, two-, and three-bedroom apartments. The property has been in service since 2004 and receives funding through HOME and 9% LIHTC credits. The unit breakdown includes 2 one-bedroom, 6 two-bedroom, and 2 three-bedroom apartments.
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 Newport, 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 Hillside Terrace Apts is typically 30% of household income or less.
What size apartments are available at Hillside Terrace Apts?+
Hillside Terrace Apts offers the following unit types: 2 One-Bedroom, 6 Two-Bedroom, 2 Three-Bedroom units, for a total of 10 units.
Who manages Hillside Terrace Apts?+
Hillside Terrace Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Hillside Terrace Apts?+
Hillside Terrace Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Hillside Terrace Apts?+
Hillside Terrace Apts 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 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.
What is the price range for apartments in Newport, NY?+
Based on Fair Market Rent for Herkimer County, the estimated price range is: 1-bedroom: $790, 2-bedroom: $992, 3-bedroom: $1199. Actual rent at Hillside Terrace Apts may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.