840 Holt Rd, Webster, NY 14580
Waiting List Forecast: Likely Short or None
Verified for 2023 by Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $433 - 650 per Month† | 1 - 2 Beds | 1 Bath | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Monarch Senior Living offers high quality, affordable one and two bedroom apartments. These beautiful units are located adjacent to walking trails and tranquil North Ponds Park. Monarch Senior Living allows residents to live independent and active lives within a supportive and friendly community. Residents are also welcome to use the facilities at CDS Monarch's Wolf Life Transition Center on Hard Road in Webster.
Because Monarch Senior Living - Holt Road participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Because of the LIHTC program, additional units are set aside for households earning 50% or less of the AMI with corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | $433 $545† |
| 2 Bedroom (2/1) | - | $650† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $19,950 / year | $22,800 / year | $25,650 / year | $30,000 / year |
| 50% AMI for LIHTC Units | $33,250 / year | $38,000 / year | $42,750 / year | $47,500 / year |
| 50% AMI for PBRA Units | $33,250 / year | $38,000 / year | $42,750 / year | $47,500 / year |
| 60% AMI for LIHTC Units | $39,900 / year | $45,600 / year | $51,300 / year | $57,000 / year |
| 80% AMI for PBRA Units | $53,200 / year | $60,800 / year | $68,400 / year | $75,950 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Monarch Senior Living - Holt Road have a waiting list?
Monarch Senior Living - Holt Road probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Monarch Senior Living - Holt Road?
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.
What property management company manges Monarch Senior Living - Holt Road?
Monarch Senior Living - Holt Road is managed by Rochester Management headquartered in Rochester, NY.
In addition to Monarch Senior Living - Holt Road, how many other affordable housing properties (and units) are there in Webster?
In addition to Monarch Senior Living - Holt Road, we list 10 other affordable properties in Webster. Learn about these properties here. Our data research shows that there are a total of 1309 affordable units in Webster.
When was the Monarch Senior Living - Holt Road listing last updated?
Monarch Senior Living - Holt Road listing on Affordable Housing Online was last updated on 01/02/2023 by Ric Gresia. Remember, a property's status can change so you should contact the property to confirm.
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