About This Property
Eaton Apts for the Elderly comprises 24 low-income units in Morrisville, NY, serving elderly residents since 1991. The property offers 22 one-bedroom and 2 two-bedroom units and is financed through 4% Low-Income Housing Tax Credits. Professional management ensures ongoing operations and maintenance of the community.
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 Morrisville, 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 Eaton Apts for the Elderly is typically 30% of household income or less.
What size apartments are available at Eaton Apts for the Elderly?+
Eaton Apts for the Elderly offers the following unit types: 22 One-Bedroom, 2 Two-Bedroom units, for a total of 24 units.
Who is eligible to live at Eaton Apts for the Elderly?+
Eaton Apts for the Elderly primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Eaton Apts for the Elderly?+
Eaton Apts for the Elderly is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Morrisville, NY?+
Based on Fair Market Rent for Madison County, the estimated price range is: 1-bedroom: $916, 2-bedroom: $1126. Actual rent at Eaton Apts for the Elderly may be lower for income-eligible households.
How do I apply for housing at Eaton Apts for the Elderly?+
Eaton Apts for the Elderly 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 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.
Contact Information
Walk Score
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Nearby Schools
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