About This Property
Valley View Apts comprises 32 one-bedroom units in Palatine Bridge, NY, serving elderly residents. The property was placed in service in 1994 and operates as a low-income housing community funded through 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Montgomery 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 | $745 |
| 1 Bedroom | $780 |
| 2 Bedroom | $914 |
| 3 Bedroom | $1,166 |
| 4 Bedroom | $1,251 |
Income Limits - Montgomery County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,600
- Very Low (50%)
- $24,300
- Low (80%)
- $38,850
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,800
- Low (80%)
- $44,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,250
- Low (80%)
- $49,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,700
- Low (80%)
- $55,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,500
- Low (80%)
- $59,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,300
- Low (80%)
- $64,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,050
- Low (80%)
- $68,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,850
- Low (80%)
- $73,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,600 | $24,300 | $38,850 |
| 2 Persons | $17,420 | $27,800 | $44,400 |
| 3 Persons | $21,960 | $31,250 | $49,950 |
| 4 Persons | $26,500 | $34,700 | $55,500 |
| 5 Persons | $31,040 | $37,500 | $59,950 |
| 6 Persons | $35,580 | $40,300 | $64,400 |
| 7 Persons | $40,120 | $43,050 | $68,850 |
| 8 Persons | $44,660 | $45,850 | $73,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Palatine Brg, NY?+
The Fair Market Rent (FMR) for Montgomery County, NY is: $745 (Studio), $780 (1BR), $914 (2BR), $1166 (3BR), $1251 (4BR). Actual rent at subsidized properties like Valley View Apts is typically 30% of household income or less.
What size apartments are available at Valley View Apts?+
Valley View Apts offers the following unit types: 32 One-Bedroom units, for a total of 32 units.
What are the income limits for affordable housing in Montgomery County, NY?+
For a 4-person household in Montgomery County, NY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,700, Low Income (80% AMI): $55,500. These limits are set by HUD and updated annually.
How do I apply for housing at Valley View Apts?+
Valley View 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.
Who is eligible to live at Valley View Apts?+
Valley View Apts primarily serves elderly residents. 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 Palatine Brg, NY?+
Based on Fair Market Rent for Montgomery County, the estimated price range is: 1-bedroom: $780. Actual rent at Valley View Apts may be lower for income-eligible households.
Who manages Valley View Apts?+
Valley View Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
