Affordable Housing In Franklin County
New York

17 Low Income Apartment Communities In Franklin County

The Woodlands

15 Woodland Dr
Tupper Lake, NY
Income Based
1-2 BR
HCV Welcome

Donald E Smith Apartments

15 Church St
Tupper Lake, NY
Subsidized

Blossom Village Apartments

1025 Blossom Rd
Brighton, NY
Accessible
Disabled Supportive Housing
Subsidized

St Regis Falls Riverfront Apartments

32 N River Rd
Santa Clara, NY
62+
Accessible
Elderly Supportive Housing
Subsidized

Valley Ridge Manor

14827 State Route 30
Malone, NY
62+
Accessible
Elderly Supportive Housing
Subsidized

Indian Trails Apartments

231 Spring Flower Dr
Malone, NY
Subsidized

Maple Leaf

30 Uno St
Bangor, NY
Subsidized

Indian Trails II

166 Falling Leaf Dr
Malone, NY
Subsidized

Windmill Estates

51 Windmill Ln
Malone, NY
HCV Welcome

Elm Manor Riverside Haven

59 Sawyer Ave
Malone, NY

Other Housing Authorities located in Franklin County

Housing Authority Programs
Malone Housing Authority Public Housing
Tupper Lake Housing Authority Public Housing
Harrietstown Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Franklin County, New York

According to federal housing data and AffordableHousingOnline.com research, there are 17 low income housing apartment communities offering 777 affordable apartments for rent in Franklin County, New York. Franklin County features 453 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 324 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Franklin County.

Franklin County, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 17
Total Low Income Apartments 777
Total Housing Units with Rental Assistance 453
Percentage of Housing Units Occupied By Renters 27.27%
Average Renter Household Size 2.20
Average Household Size 2.36
Median Household Income $47,923 ±$1,935
Median Rent $671 ±$21
Percentage Of Renters Overburdened 44.7% ± 4.68pp
Total Population 51,280

Population and Household Demographics

Franklin County is a County in New York with a population of 51,280. There are 19,148 households in the county with an average household size of 2.36 persons. 27.27% of households in Franklin County are renters.

Income and Rent Overburden in Franklin County

The median gross income for households in Franklin County is $47,923 a year, or $3,994 a month. The median rent for the county is $671 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Franklin County, a household making less than $2,237 a month would be considered overburdened when renting an apartment at or above the median rent. 44.7% of households who rent are overburdened in Franklin County.1

Area Median Income In Franklin County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Franklin County, HUD calculates the Area Median Income for a family of four as $62,900

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Franklin County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Franklin County HUD Rental Assistance in Franklin County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,900 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $23,200 $26,500 $29,800 $33,100 $35,750 $38,400 $41,050 $43,700
80% of Median $37,100 $42,400 $47,700 $52,950 $57,200 $61,450 $65,700 $69,900
Low Income Housing Tax Credits in Franklin County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1988 to 2008, 7 low income apartment communities containing 114 rental apartments have been constructed and made affordable to low income persons in Franklin County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Franklin County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $23,200 $26,500 $29,800 $33,100 $35,750 $38,400 $41,050 $43,700
60% of Median $27,840 $31,800 $35,760 $39,720 $42,900 $46,080 $49,260 $52,440

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Franklin County is $35,760 a year, or $2,980 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,980 by 30% to get a maximum rent of $894 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $580 $621 $745 $861 $960 $1,059
60% $696 $746 $894 $1,033 $1,152 $1,271
Fair Market Rents in Franklin County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$533 $652 $744 $993 $1,008

Cities In Franklin County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Tupper Lake 3 The HUD funded Public Housing Agency that serves Tupper Lake is the Tupper Lake Housing Authority.
Malone 9 The HUD funded Public Housing Agency that serves Malone is the Malone Housing Authority.
St Regis Falls 0
Waverly 0
Fort Covington 1
Malone Town 0
Moira 1
Burke 0
Waverly Town 0
Brighton Town 0
Bangor 1
Bellmont 0
Bombay 0
Brandon 0
Brighton 1
Brushton 0
Chateaugay 0
Constable 0
Dickinson 0
Duane 0
Fort Covington Hamlet 0
Franklin 0
Harrietstown 0
Paul Smiths 0
St. Regis Falls 0
St. Regis Mohawk Reservation 0
Santa Clara 1
Westville 0
Saranac Lake 7