2 Liam Dr, Beacon, NY 12508
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $715 - 1,315 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.
West End Lofts is designed in a way that will help artists grow and prosper at their profession. The Project is designed as a community setting, which will foster a strong sense of community. This design capitalizes on the already thriving artist community in the City of Beacon.
West End Lofts provides numerous amenities. In Addition to the certification of the building by LEED, other amenities include on-site laundry, on-site superintendent, on-site management office and space for the resident artist to display their art.
There are three separate common rooms, the first is a community room that will have computers for common use. The remaining common rooms are (Studio A), specifically designed as performance practice space and (Studio B), as a shared Artist Space.
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 West End Lofts 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | $715 $1,099† |
| Two Bedroom (2/1) | - | $855 $1,315† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $41,650 / year | $47,600 / year | $53,550 / year | $59,500 / year |
| 50% AMI for PBRA Units | $41,650 / year | $47,600 / year | $53,550 / year | $59,500 / year |
| 60% AMI for LIHTC Units | $49,980 / year | $57,120 / year | $64,260 / year | $71,400 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does West End Lofts have a waiting list?
West End Lofts 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 West End Lofts?
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 West End Lofts?
West End Lofts is managed by Kearney Realty & Development Group headquartered in Baldwin Place , New York.
In addition to West End Lofts, how many other affordable housing properties (and units) are there in Beacon?
In addition to West End Lofts, we list 9 other affordable properties in Beacon. Learn about these properties here. Our data research shows that there are a total of 933 affordable units in Beacon.
When was the West End Lofts listing last updated?
West End Lofts listing on Affordable Housing Online was last updated on 05/29/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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