About This Property
West Hill Terrace comprises 20 low-income units in Edmeston, NY serving elderly residents. The property includes eighteen 1-bedroom and two 2-bedroom units and has been in service since 1992. This development is financed through 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Otsego 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 | $719 |
| 1 Bedroom | $879 |
| 2 Bedroom | $1,061 |
| 3 Bedroom | $1,304 |
| 4 Bedroom | $1,413 |
Income Limits - Otsego 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Edmeston, NY?+
The Fair Market Rent (FMR) for Otsego County, NY is: $719 (Studio), $879 (1BR), $1061 (2BR), $1304 (3BR), $1413 (4BR). Actual rent at subsidized properties like West Hill Terrace is typically 30% of household income or less.
What size apartments are available at West Hill Terrace?+
West Hill Terrace offers the following unit types: 18 One-Bedroom, 2 Two-Bedroom units, for a total of 20 units.
What are the income limits for affordable housing in Otsego County, NY?+
For a 4-person household in Otsego 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.
How do I apply for housing at West Hill Terrace?+
West Hill Terrace 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 West Hill Terrace?+
West Hill Terrace 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 Edmeston, NY?+
Based on Fair Market Rent for Otsego County, the estimated price range is: 1-bedroom: $879, 2-bedroom: $1061. Actual rent at West Hill Terrace may be lower for income-eligible households.
Who manages West Hill Terrace?+
West Hill Terrace is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.