About This Property
Framark Place Apts is a 50-unit affordable housing community in Victor, NY that serves elderly residents. The property includes 49 low-income units comprised of 34 one-bedroom and 16 two-bedroom apartments. Built in 2004 and financed through tax-exempt bonds and 4% Low-Income Housing Tax Credits, the community continues to provide affordable housing options for seniors.
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 Victor, 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 Framark Place Apts is typically 30% of household income or less.
What size apartments are available at Framark Place Apts?+
Framark Place Apts offers the following unit types: 34 One-Bedroom, 16 Two-Bedroom units, for a total of 50 units.
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 Framark Place Apts?+
Framark Place Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Framark Place Apts?+
Framark Place 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 Victor, NY?+
Based on Fair Market Rent for Ontario County, the estimated price range is: 1-bedroom: $1050, 2-bedroom: $1307. Actual rent at Framark Place Apts may be lower for income-eligible households.
How do I apply for housing at Framark Place Apts?+
Framark Place 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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