Spring Valley Apartments

46 N Madison Ave, Spring Valley, NY 10977

Waiting List Forecast: Open Soon

check_circleVerified for 2024 by Lorena Bentley
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Waitlist Information

Youngblood Senior Housing, Walnut Hills Senior Housing, Depew Manor Senior Housing, Spring Valley Preservation and Spring Valley Site lll Waiting List

Go to the public housing authority page for this waiting list >>

Spring Valley Senior Apartments offers Apartments located in Spring Valley, NY.

Dave's Thoughts On Spring Valley Apartments

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Spring Valley Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 20/50 election, this property has agreed to set aside at least 20% of its units for families and individuals earning 50% of Area Median Income (AMI). Many of these properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with very low incomes.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Spring Valley Apartments Amenities

  • On-Site Parking

Income Qualification for Spring Valley Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
50% AMI for LIHTC Units $49,450 / year $56,500 / year $63,550 / year $70,600 / year $76,250 / year $81,900 / year $87,550 / year $93,200 / year
50% AMI for PBRA Units $49,450 / year $56,500 / year $63,550 / year $70,600 / year $76,250 / year $81,900 / year $87,550 / year $93,200 / year
60% AMI for LIHTC Units $59,340 / year $67,800 / year $76,260 / year $84,720 / year $91,500 / year $98,280 / year $105,060 / year $111,840 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Spring Valley Apartments

Does Spring Valley Apartments have a waiting list?

Spring Valley Apartments has a waiting list. See above for waiting list details.

Are rents subsidized at Spring Valley Apartments?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

In addition to Spring Valley Apartments, how many other affordable housing properties (and units) are there in Spring Valley?

In addition to Spring Valley Apartments, we list 15 other affordable properties in Spring Valley. Learn about these properties here. Our data research shows that there are a total of 925 affordable units in Spring Valley.

When was the Spring Valley Apartments listing last updated?

Spring Valley Apartments listing on Affordable Housing Online was last updated on 04/24/2024 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Spring Valley Apartments

Youngblood Senior Housing

201 N Main St, Spring Valley, New York 10977

Help Me Independent Living Center

164 E Eckerson Rd, Spring Valley, New York 10977

Sycamore Crest

15 Summit Ave, Spring Valley, New York 10977

New Square Public Housing

40 Buchanan Ln, Spring Valley, New York 10977

Surrey Carlton Apartments

45 Ewing Ave, Spring Valley, New York 10977

Hyenga Lake Senior Housing

3 Hyenga Lk, Spring Valley, New York 10977

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.