21 Exchange St, Binghamton, NY 13901
Waiting List Forecast: Likely Long or Closed
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | - |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.
Woodburn Court, located in Binghamton, features one bedroom apartment homes for those 62+ years of age and/or disabled. For our residents convenience there is onsite laundry and free parking as well as a community room to gather. Woodburn Court lies in close proximity to shopping, banking, pharmacies and entertainment.
Since Woodburn Court participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $17,050 / year | $19,720 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $28,450 / year | $32,500 / year | $36,550 / year | $40,600 / year | $43,850 / year | $47,100 / year | $50,350 / year | $53,600 / year |
| 50% AMI for PBRA Units | $28,450 / year | $32,500 / year | $36,550 / year | $40,600 / year | $43,850 / year | $47,100 / year | $50,350 / year | $53,600 / year |
| 80% AMI for PBRA Units | $45,500 / year | $52,000 / year | $58,500 / year | $64,950 / year | $70,150 / year | $75,350 / year | $80,550 / year | $85,750 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Woodburn Court have a waiting list?
Woodburn Court probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Woodburn Court?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Woodburn Court?
Woodburn Court is managed by Preservation Management, Inc. headquartered in Damariscotta, Maine.
In addition to Woodburn Court, how many other affordable housing properties (and units) are there in Binghamton?
In addition to Woodburn Court, we list 22 other affordable properties in Binghamton. Learn about these properties here. Our data research shows that there are a total of 1493 affordable units in Binghamton.
Keep a record of past landlord issues.
Having some marks on your rental history will not disqualify you from federal housing, but be prepared to explain situations like an eviction.Theodore Taylor Jr. says:
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