River Bend Apartments

199 East Ave, Hornell, New York 14843

River Bend Apartments, located at 199 East Ave in Hornell, NY has one bedroom apartments. River Bend Apartments participates in the Low-Income Housing Tax Credit (LIHTC) program.

Units

Unit (Bd/Ba) Ft2 Rent
One Bed One Bath (1/1) - Call for Price

River Bend Apartments Details

  • 32 one bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Elevator
  • Community Room
  • Off-Street Parking
  • On-site Laundry
  • Community Kitchen

Unit Amenities

  • Storage

Nearby Amenities

  • Close to Public Transportation

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.

Hornell Low-Income Housing Tax Credit Income Limits

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 Hornell but actual income limits may differ for units at River Bend Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $24,700 $28,200 $31,750 $35,250 $38,100 $40,900 $43,750 $46,550
Low Income (60%) $29,640 $33,840 $38,100 $42,300 $45,720 $49,080 $52,500 $55,860

River Bend Apartments is managed by Arbor Housing & Development.

Image of River Bend Apartments
Image of River Bend Apartments
Image of River Bend Apartments
Image of River Bend Apartments
Image of River Bend Apartments
Image of River Bend Apartments