Philmont Terrace

191 Main St, Philmont, NY 12565

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Colleen Carter, Ric Gresia
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Waitlist Forecast

Since this property doesn't seem to have a project-based subsidy program subsidizing the rent, the waiting list may be short or there may not be a waiting list at all. 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.

Dave's Thoughts On Philmont Terrace

This property participates in the LIHTC program and USDA Section 515.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Philmont Terrace

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
50% AMI for LIHTC Units $32,900 / year $37,600 / year $42,300 / year $46,950 / year $50,750 / year $54,500 / year $58,250 / year $62,000 / year
50% AMI for PBRA Units $32,900 / year $37,600 / year $42,300 / year $46,950 / year $50,750 / year $54,500 / year $58,250 / year $62,000 / year
60% AMI for LIHTC Units $39,480 / year $45,120 / year $50,760 / year $56,340 / year $60,900 / year $65,400 / year $69,900 / year $74,400 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Philmont Terrace

Does Philmont Terrace have a waiting list?

Philmont Terrace 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 Philmont Terrace?

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.

In addition to Philmont Terrace, how many other affordable housing properties (and units) are there in Philmont?

In addition to Philmont Terrace, we list 2 other affordable properties in Philmont. Learn about these properties here. Our data research shows that there are a total of 61 affordable units in Philmont.

Listings Near Philmont Terrace

Richardson Hall

112 Main St, Philmont, New York 0

State of New York

1-2 Rock St, Philmont, New York 12565

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.