About This Property
Madison House Standalone offers 99 units of affordable housing in Mount Vernon, NY, with a unit mix of 16 one-bedroom, 43 two-bedroom, 33 three-bedroom, and 7 four-bedroom apartments. The property is financed through 4% Low-Income Housing Tax Credits and serves households seeking affordable rental options in Westchester County.
Property Details
Fair Market Rent - Westchester 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 | $1,648 |
| 1 Bedroom | $1,934 |
| 2 Bedroom | $2,352 |
| 3 Bedroom | $2,885 |
| 4 Bedroom | $3,132 |
Income Limits - Westchester County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $26,800
- Very Low (50%)
- $44,650
- Low (80%)
- $63,400
- Extremely Low (30%)
- $30,600
- Very Low (50%)
- $51,000
- Low (80%)
- $72,450
- Extremely Low (30%)
- $34,450
- Very Low (50%)
- $57,400
- Low (80%)
- $81,500
- Extremely Low (30%)
- $38,250
- Very Low (50%)
- $63,750
- Low (80%)
- $90,550
- Extremely Low (30%)
- $41,350
- Very Low (50%)
- $68,850
- Low (80%)
- $97,800
- Extremely Low (30%)
- $44,400
- Very Low (50%)
- $73,950
- Low (80%)
- $105,050
- Extremely Low (30%)
- $47,450
- Very Low (50%)
- $79,050
- Low (80%)
- $112,300
- Extremely Low (30%)
- $50,500
- Very Low (50%)
- $84,150
- Low (80%)
- $119,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $26,800 | $44,650 | $63,400 |
| 2 Persons | $30,600 | $51,000 | $72,450 |
| 3 Persons | $34,450 | $57,400 | $81,500 |
| 4 Persons | $38,250 | $63,750 | $90,550 |
| 5 Persons | $41,350 | $68,850 | $97,800 |
| 6 Persons | $44,400 | $73,950 | $105,050 |
| 7 Persons | $47,450 | $79,050 | $112,300 |
| 8 Persons | $50,500 | $84,150 | $119,550 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Mount Vernon, NY?+
The Fair Market Rent (FMR) for Westchester County, NY is: $1648 (Studio), $1934 (1BR), $2352 (2BR), $2885 (3BR), $3132 (4BR). Actual rent at subsidized properties like Madison House Standalone is typically 30% of household income or less.
What size apartments are available at Madison House Standalone?+
Madison House Standalone offers the following unit types: 16 One-Bedroom, 43 Two-Bedroom, 33 Three-Bedroom, 7 Four-Bedroom units, for a total of 99 units.
How do I apply for housing at Madison House Standalone?+
Madison House Standalone is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Westchester County, NY?+
For a 4-person household in Westchester County, NY, the income limits are: Extremely Low Income (30% AMI): $38,250, Very Low Income (50% AMI): $63,750, Low Income (80% AMI): $90,550. These limits are set by HUD and updated annually.
What is the price range for apartments in Mount Vernon, NY?+
Based on Fair Market Rent for Westchester County, the estimated price range is: 1-bedroom: $1934, 2-bedroom: $2352, 3-bedroom: $2885. Actual rent at Madison House Standalone may be lower for income-eligible households.
Who manages Madison House Standalone?+
Madison House Standalone is managed by . You can reach them at .
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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