About This Property
This 2-unit property in Corinth, NY provides affordable housing for families through the Low-Income Housing Tax Credit program. Both units are three-bedroom apartments designated as low-income housing. The property participates in the 4% LIHTC credit program and serves families in Saratoga County.
Property Details
Fair Market Rent - Saratoga 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 | $1,011 |
| 1 Bedroom | $1,131 |
| 2 Bedroom | $1,374 |
| 3 Bedroom | $1,661 |
| 4 Bedroom | $1,830 |
Income Limits - Saratoga County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $20,100
- Very Low (50%)
- $33,500
- Low (80%)
- $53,550
- Extremely Low (30%)
- $23,000
- Very Low (50%)
- $38,250
- Low (80%)
- $61,200
- Extremely Low (30%)
- $25,850
- Very Low (50%)
- $43,050
- Low (80%)
- $68,850
- Extremely Low (30%)
- $28,700
- Very Low (50%)
- $47,800
- Low (80%)
- $76,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $51,650
- Low (80%)
- $82,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $55,450
- Low (80%)
- $88,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $59,300
- Low (80%)
- $94,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $63,100
- Low (80%)
- $101,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $20,100 | $33,500 | $53,550 |
| 2 Persons | $23,000 | $38,250 | $61,200 |
| 3 Persons | $25,850 | $43,050 | $68,850 |
| 4 Persons | $28,700 | $47,800 | $76,500 |
| 5 Persons | $31,040 | $51,650 | $82,650 |
| 6 Persons | $35,580 | $55,450 | $88,750 |
| 7 Persons | $40,120 | $59,300 | $94,900 |
| 8 Persons | $44,660 | $63,100 | $101,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Corinth, NY?+
The Fair Market Rent (FMR) for Saratoga County, NY is: $1011 (Studio), $1131 (1BR), $1374 (2BR), $1661 (3BR), $1830 (4BR). Actual rent at subsidized properties like 306 Main St is typically 30% of household income or less.
What size apartments are available at 306 Main St?+
306 Main St offers the following unit types: 2 Three-Bedroom units, for a total of 2 units.
Who manages 306 Main St?+
306 Main St is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at 306 Main St?+
306 Main St 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 306 Main St?+
306 Main St primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Saratoga County, NY?+
For a 4-person household in Saratoga County, NY, the income limits are: Extremely Low Income (30% AMI): $28,700, Very Low Income (50% AMI): $47,800, Low Income (80% AMI): $76,500. These limits are set by HUD and updated annually.
What is the price range for apartments in Corinth, NY?+
Based on Fair Market Rent for Saratoga County, the estimated price range is: 3-bedroom: $1661. Actual rent at 306 Main St may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.