About This Property
Walden Preservation-Cedar Apartments comprises 89 units in Walden, NY, with 85 designated as low-income housing. The community, which opened in 2015, serves elderly residents and offers a mix of 57 one-bedroom, 26 two-bedroom, and 6 three-bedroom apartments. The property is financed through tax-exempt bonds and utilizes 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Orange 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 | $1,237 |
| 1 Bedroom | $1,419 |
| 2 Bedroom | $1,825 |
| 3 Bedroom | $2,315 |
| 4 Bedroom | $2,560 |
Income Limits - Orange County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $21,150
- Very Low (50%)
- $35,200
- Low (80%)
- $55,950
- Extremely Low (30%)
- $24,150
- Very Low (50%)
- $40,200
- Low (80%)
- $63,950
- Extremely Low (30%)
- $27,150
- Very Low (50%)
- $45,250
- Low (80%)
- $71,950
- Extremely Low (30%)
- $30,150
- Very Low (50%)
- $50,250
- Low (80%)
- $79,900
- Extremely Low (30%)
- $32,600
- Very Low (50%)
- $54,300
- Low (80%)
- $86,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $58,300
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $62,350
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $66,350
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $21,150 | $35,200 | $55,950 |
| 2 Persons | $24,150 | $40,200 | $63,950 |
| 3 Persons | $27,150 | $45,250 | $71,950 |
| 4 Persons | $30,150 | $50,250 | $79,900 |
| 5 Persons | $32,600 | $54,300 | $86,300 |
| 6 Persons | $35,580 | $58,300 | $92,700 |
| 7 Persons | $40,120 | $62,350 | $99,100 |
| 8 Persons | $44,660 | $66,350 | $105,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Walden, NY?+
The Fair Market Rent (FMR) for Orange County, NY is: $1237 (Studio), $1419 (1BR), $1825 (2BR), $2315 (3BR), $2560 (4BR). Actual rent at subsidized properties like Walden Preservation-Cedar Apartments is typically 30% of household income or less.
What size apartments are available at Walden Preservation-Cedar Apartments?+
Walden Preservation-Cedar Apartments offers the following unit types: 57 One-Bedroom, 26 Two-Bedroom, 6 Three-Bedroom units, for a total of 89 units.
Who manages Walden Preservation-Cedar Apartments?+
Walden Preservation-Cedar Apartments is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Orange County, NY?+
For a 4-person household in Orange County, NY, the income limits are: Extremely Low Income (30% AMI): $30,150, Very Low Income (50% AMI): $50,250, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
How do I apply for housing at Walden Preservation-Cedar Apartments?+
Walden Preservation-Cedar Apartments 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 Walden Preservation-Cedar Apartments?+
Walden Preservation-Cedar Apartments 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 Walden, NY?+
Based on Fair Market Rent for Orange County, the estimated price range is: 1-bedroom: $1419, 2-bedroom: $1825, 3-bedroom: $2315. Actual rent at Walden Preservation-Cedar Apartments may be lower for income-eligible households.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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