Income may not exceed 50% of the median income from the table below. The Housing Authority must provide 75 percent of vouchers to those whose income does not exceed 30% of the median income listed below.
HUD Designated Metro Area: Income Limits
|2022||Median Family Income||2022 Yearly Income Limit||2022 Yearly Income Limit - Person(s) in Family|
|Otsego County, NY||$77,100||Very Low Income (50%)||$27,000||$30,850||$34,700||$38,550||$41,650|
|Extremely Low Income (30%)||$16,250||$18,550||$23,030||$27,750||$32,470|
|Low Income (80%)||$43,200||$49,400||$55,550||$61,700||$66,650|
|Apartment Size||HUD's Monthly Fair Market Rent For Area||LIHTC Maximum Rent|
|Studio Apartments||$734||Estimated $220.20 - utility allowance|
|One Bedroom Apartments||$892||Estimated $267.60 - utility allowance|
|Two Bedroom Apartments||$1151||Estimated $345.30 - utility allowance|
|Three Bedroom Apartments||$1307||Estimated $392.10 - utility allowance|
Using the table above you can estimate what you would be paying by checking the LIHTC Maximum Rent section.
Contact these properties for openings and wait lists and price lists.
The US Department of Housing and Urban Development provides active listings of Section 8 and Multifamily apartments. We have listed them below for you to contact. Check with them to see if they have current availabilities and/or waiting lists. With Section 8 properties, you will need a voucher. Contact the Otsego County Public Housing Authorities, listed at the top of this page.
Our data is collected from the US Department of Housing and Urban Development data along with computations based on their rules on apartments/housing.
You must qualify for the HUD apartments in the area you are searching. Then, you need to apply directly at the location or through the Public Housing Authority.