About This Property
Paden City Gardens provides 16 one-bedroom units for low-income households in New Martinsville, Wetzel County. The property has been in service since 1992 and is financed through a 4% Low-Income Housing Tax Credit allocation. Current management and contact information is available upon request.
Property Details
Fair Market Rent - Wetzel County, WV
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $699 |
| 1 Bedroom | $703 |
| 2 Bedroom | $924 |
| 3 Bedroom | $1,117 |
| 4 Bedroom | $1,231 |
Income Limits - Wetzel County, WV
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,500
- Low (80%)
- $31,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,250
- Low (80%)
- $35,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,050
- Low (80%)
- $40,050
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,800
- Low (80%)
- $44,500
- Extremely Low (30%)
- $30,050
- Very Low (50%)
- $30,050
- Low (80%)
- $48,100
- Extremely Low (30%)
- $32,250
- Very Low (50%)
- $32,250
- Low (80%)
- $51,650
- Extremely Low (30%)
- $34,500
- Very Low (50%)
- $34,500
- Low (80%)
- $55,200
- Extremely Low (30%)
- $36,700
- Very Low (50%)
- $36,700
- Low (80%)
- $58,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,500 | $31,150 |
| 2 Persons | $17,420 | $22,250 | $35,600 |
| 3 Persons | $21,960 | $25,050 | $40,050 |
| 4 Persons | $26,500 | $27,800 | $44,500 |
| 5 Persons | $30,050 | $30,050 | $48,100 |
| 6 Persons | $32,250 | $32,250 | $51,650 |
| 7 Persons | $34,500 | $34,500 | $55,200 |
| 8 Persons | $36,700 | $36,700 | $58,750 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in New Martinsville, WV?+
The Fair Market Rent (FMR) for Wetzel County, WV is: $699 (Studio), $703 (1BR), $924 (2BR), $1117 (3BR), $1231 (4BR). Actual rent at subsidized properties like Paden City Gardens is typically 30% of household income or less.
What size apartments are available at Paden City Gardens?+
Paden City Gardens offers the following unit types: 16 One-Bedroom units, for a total of 16 units.
What are the income limits for affordable housing in Wetzel County, WV?+
For a 4-person household in Wetzel County, WV, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,800, Low Income (80% AMI): $44,500. These limits are set by HUD and updated annually.
Who manages Paden City Gardens?+
Paden City Gardens is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in New Martinsville, WV?+
Based on Fair Market Rent for Wetzel County, the estimated price range is: 1-bedroom: $703. Actual rent at Paden City Gardens may be lower for income-eligible households.
How do I apply for housing at Paden City Gardens?+
Paden City Gardens 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.