1500 Jefferson Ave, Buffalo, NY 14208
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor BaileyRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 1 Bed | 1 Bath | - |
Since this property is a HOME program 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.
1490 Estates is located close to the Hamlin Park Historic District in Buffalo, NY, This 3 story – 60 unit building features 1-bedroom apartments for elderly persons 62 and older with rent based on income, on-site laundry, resident community areas and is close to public transportation, grocery stores and more. You are going to love calling 1490 Estates Senior Apartments home.
Because 1490 Meadows participates in HUD's HOME program for rental housing, at least some of the units in this property are set aside for households at or below 60% of the AMI and rents are capped at the local FMR and in many cases much lower. For a project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME program. Since this property participates in the HOME 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) | - | Rent is Based On Your Income† |
AMI* | 1 person | 2 people |
---|---|---|
30% AMI for PBRA Units | $19,500 / year | $22,300 / year |
50% AMI for LIHTC Units | $32,500 / year | $37,150 / year |
50% AMI for PBRA Units | $32,500 / year | $37,150 / year |
80% AMI for PBRA Units | $52,000 / year | $59,400 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does 1490 Meadows have a waiting list?
1490 Meadows 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 1490 Meadows?
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 1490 Meadows?
1490 Meadows is managed by Silver Tree Residential, LLC headquartered in Memphis, TN.
In addition to 1490 Meadows, how many other affordable housing properties (and units) are there in Buffalo?
In addition to 1490 Meadows, we list 181 other affordable properties in Buffalo. Learn about these properties here. Our data research shows that there are a total of 13083 affordable units in Buffalo.
When was the 1490 Meadows listing last updated?
1490 Meadows listing on Affordable Housing Online was last updated on 01/15/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
257 Virginia Strete, Buffalo, New York 14201
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