About This Property
Palatine Village offers 24 one-bedroom apartments in Palatine Bridge, NY, serving elderly residents. The property has been in service since 2001 and operates as a low-income housing community with 9% Low-Income Housing Tax Credit financing. Management and leasing information is available through the property contact.
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Palatine Bridge, 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 Palatine Village is typically 30% of household income or less.
What size apartments are available at Palatine Village?+
Palatine Village offers the following unit types: 24 One-Bedroom units, for a total of 24 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.
What is the price range for apartments in Palatine Bridge, NY?+
Based on Fair Market Rent for Montgomery County, the estimated price range is: 1-bedroom: $780. Actual rent at Palatine Village may be lower for income-eligible households.
Who is eligible to live at Palatine Village?+
Palatine Village primarily serves elderly residents. 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 Palatine Village?+
Palatine Village is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 manages Palatine Village?+
Palatine Village is managed by . You can reach them at .
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
