Spa Apartments

11 E Main St, Clifton Springs, New York 14432

Located in the beautiful Village of Clifton Springs, Spa Apartments offers 109 newly renovated units consisting of studio, one and two-bedroom apartments.

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Units

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - Call for Price
One Bedroom One Bath (1/1) - Call for Price
Two Bedroom One Bath (2/1) - Call for Price

Spa Apartments Details

  • 118 0, 0 and 0 bedroom units.
  • Section 236
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Community Room
  • Historic Renovation
  • Beautiful Landscape

Unit Amenities

  • Utilities Included

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.

Low-Income Housing Tax Credit (LIHTC)

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.

Clifton Springs HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Clifton Springs but actual income limits may differ for units at Spa Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $16,850 $19,250 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% $28,100 $32,100 $36,100 $40,100 $43,350 $46,550 $49,750 $52,950
80% $44,950 $51,350 $57,750 $64,150 $69,300 $74,450 $79,550 $84,700

Spa Apartments is managed by Cornerstone Corporation.

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