368 Broadway, Buffalo, NY 14204
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $572 - 740 per Month† | 1 - 3 Beds | 1 - 1.5 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.
Your next home is waiting for you here at Help Buffalo II, a charming community of 1-, 2-, and 3-bedroom apartments located near the heart of Buffalo, NY. Inside these spacious floor plans, you’ll discover cozy interiors complete with all the modern conveniences you desire. Outside your apartment, the community’s inviting amenities provide the perfect opportunity to relax and enjoy the company of neighbors. As a resident of Help Buffalo II, you’ll also enjoy easy access to the area’s most popular shopping, dining, and entertainment destinations.
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 HELP Buffalo II 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) | - | $572† |
| Two Bedroom (2/1) | - | $630† |
| Three Bedroom (3/1.5) | - | $740† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $32,500 / year | $37,150 / year | $41,800 / year | $46,400 / year | $50,150 / year | $53,850 / year |
| 50% AMI for PBRA Units | $32,500 / year | $37,150 / year | $41,800 / year | $46,400 / year | $50,150 / year | $53,850 / year |
| 60% AMI for LIHTC Units | $39,000 / year | $44,580 / year | $50,160 / year | $55,680 / year | $60,180 / year | $64,620 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does HELP Buffalo II have a waiting list?
HELP Buffalo II 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 HELP Buffalo II?
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 HELP Buffalo II?
HELP Buffalo II is managed by Arco Management Corporation headquartered in Suffern, NY.
In addition to HELP Buffalo II, how many other affordable housing properties (and units) are there in Buffalo?
In addition to HELP Buffalo II, 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 HELP Buffalo II listing last updated?
HELP Buffalo II listing on Affordable Housing Online was last updated on 04/30/2024 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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