About This Property
Old Erie Place Phases III & IV comprises 24 low-income rental units in Jordan, NY, serving elderly residents. The property includes 22 one-bedroom units and 2 two-bedroom units, and has been in service since 2002. The development is financed through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Onondaga 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 - Onondaga 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 Jordan, NY?+
The Fair Market Rent (FMR) for Onondaga County, NY is: $828 (Studio), $916 (1BR), $1126 (2BR), $1381 (3BR), $1600 (4BR). Actual rent at subsidized properties like Old Erie Place Phases Iii & Iv is typically 30% of household income or less.
What size apartments are available at Old Erie Place Phases Iii & Iv?+
Old Erie Place Phases Iii & Iv offers the following unit types: 22 One-Bedroom, 2 Two-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Onondaga County, NY?+
For a 4-person household in Onondaga 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.
How do I apply for housing at Old Erie Place Phases Iii & Iv?+
Old Erie Place Phases Iii & Iv 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 is the price range for apartments in Jordan, NY?+
Based on Fair Market Rent for Onondaga County, the estimated price range is: 1-bedroom: $916, 2-bedroom: $1126. Actual rent at Old Erie Place Phases Iii & Iv may be lower for income-eligible households.
Who manages Old Erie Place Phases Iii & Iv?+
Old Erie Place Phases Iii & Iv is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Old Erie Place Phases Iii & Iv?+
Old Erie Place Phases Iii & Iv primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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