About This Property
Conifer Penn Yan Assoc offers 59 low-income units in Penn Yan, NY, consisting of 45 one-bedroom and 14 two-bedroom apartments. The property has served elderly residents since 1991 and operates with 4% Low-Income Housing Tax Credit financing. This Yates County community provides affordable rental housing options for qualifying low-income households.
Property Details
Fair Market Rent - Yates 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 | $723 |
| 1 Bedroom | $811 |
| 2 Bedroom | $1,066 |
| 3 Bedroom | $1,356 |
| 4 Bedroom | $1,527 |
Income Limits - Yates County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,550
- Very Low (50%)
- $25,850
- Low (80%)
- $41,350
- Extremely Low (30%)
- $17,750
- Very Low (50%)
- $29,550
- Low (80%)
- $47,250
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,250
- Low (80%)
- $53,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,900
- Low (80%)
- $59,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,900
- Low (80%)
- $63,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,850
- Low (80%)
- $68,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,800
- Low (80%)
- $73,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,750
- Low (80%)
- $77,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,550 | $25,850 | $41,350 |
| 2 Persons | $17,750 | $29,550 | $47,250 |
| 3 Persons | $21,960 | $33,250 | $53,150 |
| 4 Persons | $26,500 | $36,900 | $59,050 |
| 5 Persons | $31,040 | $39,900 | $63,800 |
| 6 Persons | $35,580 | $42,850 | $68,500 |
| 7 Persons | $40,120 | $45,800 | $73,250 |
| 8 Persons | $44,660 | $48,750 | $77,950 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Penn Yan, NY?+
The Fair Market Rent (FMR) for Yates County, NY is: $723 (Studio), $811 (1BR), $1066 (2BR), $1356 (3BR), $1527 (4BR). Actual rent at subsidized properties like Conifer Penn Yan Assoc is typically 30% of household income or less.
What size apartments are available at Conifer Penn Yan Assoc?+
Conifer Penn Yan Assoc offers the following unit types: 45 One-Bedroom, 14 Two-Bedroom units, for a total of 59 units.
What are the income limits for affordable housing in Yates County, NY?+
For a 4-person household in Yates County, NY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,900, Low Income (80% AMI): $59,050. These limits are set by HUD and updated annually.
Who manages Conifer Penn Yan Assoc?+
Conifer Penn Yan Assoc is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Conifer Penn Yan Assoc?+
Conifer Penn Yan Assoc primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Penn Yan, NY?+
Based on Fair Market Rent for Yates County, the estimated price range is: 1-bedroom: $811, 2-bedroom: $1066. Actual rent at Conifer Penn Yan Assoc may be lower for income-eligible households.
How do I apply for housing at Conifer Penn Yan Assoc?+
Conifer Penn Yan Assoc 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.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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