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 |
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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.
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.
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.
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.
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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