About This Property
Carriagehouse Village Apartments comprises 42 low-income units in Cazenovia, NY, serving elderly residents. The community includes 39 one-bedroom and 3 two-bedroom units and was placed in service in 2017 with 4% Low-Income Housing Tax Credit financing. This property offers affordable housing options for seniors in Madison County.
Property Details
Fair Market Rent - Madison 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 | $828 |
| 1 Bedroom | $916 |
| 2 Bedroom | $1,126 |
| 3 Bedroom | $1,381 |
| 4 Bedroom | $1,600 |
Income Limits - Madison County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,700
- Very Low (50%)
- $27,850
- Low (80%)
- $44,550
- Extremely Low (30%)
- $19,100
- Very Low (50%)
- $31,800
- Low (80%)
- $50,900
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,800
- Low (80%)
- $57,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,750
- Low (80%)
- $63,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,950
- Low (80%)
- $68,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,150
- Low (80%)
- $73,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,300
- Low (80%)
- $78,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,500
- Low (80%)
- $84,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,700 | $27,850 | $44,550 |
| 2 Persons | $19,100 | $31,800 | $50,900 |
| 3 Persons | $21,960 | $35,800 | $57,250 |
| 4 Persons | $26,500 | $39,750 | $63,600 |
| 5 Persons | $31,040 | $42,950 | $68,700 |
| 6 Persons | $35,580 | $46,150 | $73,800 |
| 7 Persons | $40,120 | $49,300 | $78,900 |
| 8 Persons | $44,660 | $52,500 | $84,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Cazenovia, NY?+
The Fair Market Rent (FMR) for Madison County, NY is: $828 (Studio), $916 (1BR), $1126 (2BR), $1381 (3BR), $1600 (4BR). Actual rent at subsidized properties like Carriagehouse Village Apartments is typically 30% of household income or less.
What size apartments are available at Carriagehouse Village Apartments?+
Carriagehouse Village Apartments offers the following unit types: 39 One-Bedroom, 3 Two-Bedroom units, for a total of 42 units.
Who is eligible to live at Carriagehouse Village Apartments?+
Carriagehouse Village Apartments 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 Madison County, NY?+
For a 4-person household in Madison County, NY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,750, Low Income (80% AMI): $63,600. These limits are set by HUD and updated annually.
Who manages Carriagehouse Village Apartments?+
Carriagehouse Village Apartments is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Cazenovia, NY?+
Based on Fair Market Rent for Madison County, the estimated price range is: 1-bedroom: $916, 2-bedroom: $1126. Actual rent at Carriagehouse Village Apartments may be lower for income-eligible households.
How do I apply for housing at Carriagehouse Village Apartments?+
Carriagehouse Village Apartments 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
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.