About This Property
Racquette Acres comprises 100 low-income housing units in Potsdam, NY, with a unit mix of sixteen 1-bedroom, forty 2-bedroom, forty 3-bedroom, and four 4-bedroom apartments. The property was placed in service in 2005 and utilizes 4% low-income housing tax credits to serve families. Financing includes tax-exempt bonds.
Property Details
Fair Market Rent - St. Lawrence 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 | $661 |
| 1 Bedroom | $763 |
| 2 Bedroom | $940 |
| 3 Bedroom | $1,152 |
| 4 Bedroom | $1,252 |
Income Limits - St. Lawrence 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 Potsdam, NY?+
The Fair Market Rent (FMR) for St. Lawrence County, NY is: $661 (Studio), $763 (1BR), $940 (2BR), $1152 (3BR), $1252 (4BR). Actual rent at subsidized properties like Racquette Acres is typically 30% of household income or less.
What size apartments are available at Racquette Acres?+
Racquette Acres offers the following unit types: 16 One-Bedroom, 40 Two-Bedroom, 40 Three-Bedroom, 4 Four-Bedroom units, for a total of 100 units.
Who is eligible to live at Racquette Acres?+
Racquette Acres primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Racquette Acres?+
Racquette Acres 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 are the income limits for affordable housing in St. Lawrence County, NY?+
For a 4-person household in St. Lawrence 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.
Who manages Racquette Acres?+
Racquette Acres is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Potsdam, NY?+
Based on Fair Market Rent for St. Lawrence County, the estimated price range is: 1-bedroom: $763, 2-bedroom: $940, 3-bedroom: $1152. Actual rent at Racquette Acres may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
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