About This Property
Lincoln Court provides 20 one-bedroom apartments in Wayland, NY for elderly residents with low incomes. The property participates in the 4% Low-Income Housing Tax Credit program. This development offers affordable rental housing through a structure designed to serve seniors in Steuben County.
Property Details
Fair Market Rent - Steuben 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 | $743 |
| 1 Bedroom | $759 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,167 |
| 4 Bedroom | $1,497 |
Income Limits - Steuben County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,850
- Very Low (50%)
- $24,700
- Low (80%)
- $39,500
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,200
- Low (80%)
- $45,150
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,750
- Low (80%)
- $50,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,250
- Low (80%)
- $56,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,100
- Low (80%)
- $60,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,900
- Low (80%)
- $65,450
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,750
- Low (80%)
- $69,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,550
- Low (80%)
- $74,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,850 | $24,700 | $39,500 |
| 2 Persons | $17,420 | $28,200 | $45,150 |
| 3 Persons | $21,960 | $31,750 | $50,800 |
| 4 Persons | $26,500 | $35,250 | $56,400 |
| 5 Persons | $31,040 | $38,100 | $60,950 |
| 6 Persons | $35,580 | $40,900 | $65,450 |
| 7 Persons | $40,120 | $43,750 | $69,950 |
| 8 Persons | $44,660 | $46,550 | $74,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Wayland, NY?+
The Fair Market Rent (FMR) for Steuben County, NY is: $743 (Studio), $759 (1BR), $905 (2BR), $1167 (3BR), $1497 (4BR). Actual rent at subsidized properties like Lincoln Court is typically 30% of household income or less.
What size apartments are available at Lincoln Court?+
Lincoln Court offers the following unit types: 20 One-Bedroom units, for a total of 20 units.
Who manages Lincoln Court?+
Lincoln Court is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Wayland, NY?+
Based on Fair Market Rent for Steuben County, the estimated price range is: 1-bedroom: $759. Actual rent at Lincoln Court may be lower for income-eligible households.
Who is eligible to live at Lincoln Court?+
Lincoln Court primarily serves elderly residents. 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 Lincoln Court?+
Lincoln Court 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 Steuben County, NY?+
For a 4-person household in Steuben County, NY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,250, Low Income (80% AMI): $56,400. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
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