About This Property
Prospect Hill Apts comprises 32 one-bedroom units in Seneca Falls, NY, designated as low-income housing with financing through the 9% Low-Income Housing Tax Credit program. The property has been in service since 2000 and serves elderly residents. The community offers affordable rental housing options for qualified applicants in Seneca County.
Property Details
Fair Market Rent - Seneca 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 | $765 |
| 1 Bedroom | $770 |
| 2 Bedroom | $991 |
| 3 Bedroom | $1,297 |
| 4 Bedroom | $1,682 |
Income Limits - Seneca County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,800
- Very Low (50%)
- $24,650
- Low (80%)
- $39,400
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,150
- Low (80%)
- $45,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,650
- Low (80%)
- $50,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,150
- Low (80%)
- $56,250
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,000
- Low (80%)
- $60,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,800
- Low (80%)
- $65,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,600
- Low (80%)
- $69,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,400
- Low (80%)
- $74,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,800 | $24,650 | $39,400 |
| 2 Persons | $17,420 | $28,150 | $45,000 |
| 3 Persons | $21,960 | $31,650 | $50,650 |
| 4 Persons | $26,500 | $35,150 | $56,250 |
| 5 Persons | $31,040 | $38,000 | $60,750 |
| 6 Persons | $35,580 | $40,800 | $65,250 |
| 7 Persons | $40,120 | $43,600 | $69,750 |
| 8 Persons | $44,660 | $46,400 | $74,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Seneca Falls, NY?+
The Fair Market Rent (FMR) for Seneca County, NY is: $765 (Studio), $770 (1BR), $991 (2BR), $1297 (3BR), $1682 (4BR). Actual rent at subsidized properties like Prospect Hill Apts is typically 30% of household income or less.
What size apartments are available at Prospect Hill Apts?+
Prospect Hill Apts offers the following unit types: 32 One-Bedroom units, for a total of 32 units.
What are the income limits for affordable housing in Seneca County, NY?+
For a 4-person household in Seneca County, NY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,150, Low Income (80% AMI): $56,250. These limits are set by HUD and updated annually.
Who manages Prospect Hill Apts?+
Prospect Hill Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Prospect Hill Apts?+
Prospect Hill 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.
What is the price range for apartments in Seneca Falls, NY?+
Based on Fair Market Rent for Seneca County, the estimated price range is: 1-bedroom: $770. Actual rent at Prospect Hill Apts may be lower for income-eligible households.
Who is eligible to live at Prospect Hill Apts?+
Prospect Hill Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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