About This Property
3368 E Lake Rd in Canandaigua offers one 2-bedroom unit designated as affordable housing for families. The property participates in the Low-Income Housing Tax Credit (LIHTC) program at the 4% credit level. This single-unit property provides housing options for low-income households in Ontario County.
Property Details
Fair Market Rent - Ontario 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 | $938 |
| 1 Bedroom | $1,050 |
| 2 Bedroom | $1,307 |
| 3 Bedroom | $1,580 |
| 4 Bedroom | $1,741 |
Income Limits - Ontario County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,850
- Very Low (50%)
- $28,100
- Low (80%)
- $44,950
- Extremely Low (30%)
- $19,250
- Very Low (50%)
- $32,100
- Low (80%)
- $51,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,100
- Low (80%)
- $64,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $43,350
- Low (80%)
- $69,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,550
- Low (80%)
- $74,450
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,750
- Low (80%)
- $79,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,950
- Low (80%)
- $84,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,850 | $28,100 | $44,950 |
| 2 Persons | $19,250 | $32,100 | $51,350 |
| 3 Persons | $21,960 | $36,100 | $57,750 |
| 4 Persons | $26,500 | $40,100 | $64,150 |
| 5 Persons | $31,040 | $43,350 | $69,300 |
| 6 Persons | $35,580 | $46,550 | $74,450 |
| 7 Persons | $40,120 | $49,750 | $79,550 |
| 8 Persons | $44,660 | $52,950 | $84,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Canandaigua, NY?+
The Fair Market Rent (FMR) for Ontario County, NY is: $938 (Studio), $1050 (1BR), $1307 (2BR), $1580 (3BR), $1741 (4BR). Actual rent at subsidized properties like 3368 E Lake Rd is typically 30% of household income or less.
What size apartments are available at 3368 E Lake Rd?+
3368 E Lake Rd offers the following unit types: 1 Two-Bedroom units, for a total of 1 units.
What is the price range for apartments in Canandaigua, NY?+
Based on Fair Market Rent for Ontario County, the estimated price range is: 2-bedroom: $1307. Actual rent at 3368 E Lake Rd may be lower for income-eligible households.
What are the income limits for affordable housing in Ontario County, NY?+
For a 4-person household in Ontario County, NY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,100, Low Income (80% AMI): $64,150. These limits are set by HUD and updated annually.
Who manages 3368 E Lake Rd?+
3368 E Lake Rd is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at 3368 E Lake Rd?+
3368 E Lake Rd primarily serves families. 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 3368 E Lake Rd?+
3368 E Lake Rd 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
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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