About This Property
Newpark Studios is a 38-unit affordable housing community in Park City, Utah that has been in service since 2007. The property consists entirely of studio units designated for low-income residents. The community is managed by [manager name].
Property Details
Fair Market Rent - Summit County, UT
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,383 |
| 1 Bedroom | $1,392 |
| 2 Bedroom | $1,807 |
| 3 Bedroom | $2,331 |
| 4 Bedroom | $2,525 |
Income Limits - Summit County, UT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $25,100
- Very Low (50%)
- $41,850
- Low (80%)
- $55,950
- Extremely Low (30%)
- $28,700
- Very Low (50%)
- $47,800
- Low (80%)
- $63,950
- Extremely Low (30%)
- $32,300
- Very Low (50%)
- $53,800
- Low (80%)
- $71,950
- Extremely Low (30%)
- $35,850
- Very Low (50%)
- $59,750
- Low (80%)
- $79,900
- Extremely Low (30%)
- $38,750
- Very Low (50%)
- $64,550
- Low (80%)
- $86,300
- Extremely Low (30%)
- $41,600
- Very Low (50%)
- $69,350
- Low (80%)
- $92,700
- Extremely Low (30%)
- $44,500
- Very Low (50%)
- $74,100
- Low (80%)
- $99,100
- Extremely Low (30%)
- $47,350
- Very Low (50%)
- $78,900
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $25,100 | $41,850 | $55,950 |
| 2 Persons | $28,700 | $47,800 | $63,950 |
| 3 Persons | $32,300 | $53,800 | $71,950 |
| 4 Persons | $35,850 | $59,750 | $79,900 |
| 5 Persons | $38,750 | $64,550 | $86,300 |
| 6 Persons | $41,600 | $69,350 | $92,700 |
| 7 Persons | $44,500 | $74,100 | $99,100 |
| 8 Persons | $47,350 | $78,900 | $105,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Park City, UT?+
The Fair Market Rent (FMR) for Summit County, UT is: $1383 (Studio), $1392 (1BR), $1807 (2BR), $2331 (3BR), $2525 (4BR). Actual rent at subsidized properties like Newpark Studios is typically 30% of household income or less.
What size apartments are available at Newpark Studios?+
Newpark Studios offers the following unit types: 38 Studio units, for a total of 38 units.
How do I apply for housing at Newpark Studios?+
Newpark Studios 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 Summit County, UT?+
For a 4-person household in Summit County, UT, the income limits are: Extremely Low Income (30% AMI): $35,850, Very Low Income (50% AMI): $59,750, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
Who manages Newpark Studios?+
Newpark Studios is managed by . You can reach them at . Visit their website for more information.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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