Located in Carmel, New York, Hillcrest Commons is a senior, affordable housing community for residents 55 and older. This community features 75 1 and 2 bedroom apartments. Hillcrest Commons has a fitness and community room, and features a media and computer center. This property is conveniently adjacent to shopping. It is located a few short miles from the Putnam Hospital Center, lakes and many more recreational facilities for residents to enjoy. Hillcrest Commons is a non-smoking facility.
|One Bedroom (1/1)||790||Call for Price|
|Two Bedroom (2/1)||1020||Call for Price|
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Carmel but actual income limits may differ for units at Hillcrest Commons I.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$46,700||$53,400||$60,050||$66,700||$72,050||$77,400||$82,750||$88,050|
|Low Income (60%)||$56,040||$64,080||$72,060||$80,040||$86,460||$92,880||$99,300||$105,660|
Hillcrest Commons I is managed by Wilder Balter Partners Inc..