Portville Square Apartments

90 S Main St, Portville, New York 14770

Portville Square Apartments, located at 90 S Main St in Portville, has one bedroom apartments. Portville Square Apartments participates in the Low-Income Housing Tax Credit (LIHTC) and Section 515 Rural Rental Housing programs.

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Message Portville Square Apartments

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 600 Call for Price

Portville Square Apartments Details

  • 72 one bedroom units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)
  • Senior (62+)

Property Amenities

  • Controlled Access
  • Elevator
  • Clubhouse
  • Laundry Centers
  • Experienced Management
  • Pet Friendly
  • Personal 24-hour emergency call system
  • Beautiful Landscape

Unit Amenities

  • Handicapped Accessible
  • Fully Equipped Kitchen
  • Wall-to-Wall Carpeting

About Portville Square Apartments

At Portville Square, senior living is easy and fun. Offering spacious one bedroom apartments designed for individuals age 62 and older or disabled regardless of age, you are bound to call Portville Square, "home." Some apartments are designed with special features to accommodate wheelchair accessibility.

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.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Portville 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 Portville but actual income limits may differ for units at Portville Square Apartments.

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

Portville Square Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Portville Square Apartments is managed by Conifer Realty, LLC.