840 Lewis Wolf Blvd., Webster, NY 14580
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey, Ric GresiaRent | Beds | Baths | SqFt |
---|---|---|---|
$376 - 835 per Month† | 1 - 2 Beds | 1 Bath | 600 - 855 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. 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.
Welcome home to Monarch Senior Living, an exceptional senior living community in Webster, NY for adults 55+. Thoughtfully designed homes combine with outstanding amenities to maintain your active lifestyle.
Come home to expansive 1- and 2-bedroom apartments designed for simplified and comfortable living. Spend your free time relaxing in your generously sized home or explore the community for endless entertainment options. Monarch Senior Living also caters to your every need with impeccable services available on-site. Ideally located near the neighborhood’s best shops and restaurants, you’ll appreciate easy access to everything you need.
These apartments for adults 55+ offer expansive layouts with convenient features in every room. Fully equipped kitchens open to generously sized living and dining areas filled with natural light. Beyond the common area, large bedrooms provide plenty of storage space while deluxe bathrooms allow you to move around with ease. Select floor plans may also include a private outdoor space, such as a patio or balcony.
Because Monarch Senior Living participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 600ft2 | $376 $696† |
Two Bedroom (2/1) | 855ft2 | $835† |
AMI* | 1 person | 2 people |
---|---|---|
50% AMI for LIHTC Units | $33,250 / year | $38,000 / year |
50% AMI for PBRA Units | $33,250 / year | $38,000 / year |
60% AMI for LIHTC Units | $39,900 / year | $45,600 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Monarch Senior Living have a waiting list?
Monarch Senior Living 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 Monarch Senior Living?
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.
What property management company manges Monarch Senior Living?
Monarch Senior Living is managed by Landsman Real Estate Services, Inc. headquartered in Rochester, NY.
In addition to Monarch Senior Living, how many other affordable housing properties (and units) are there in Webster?
In addition to Monarch Senior Living, we list 11 other affordable properties in Webster. Learn about these properties here. Our data research shows that there are a total of 1369 affordable units in Webster.
When was the Monarch Senior Living listing last updated?
Monarch Senior Living listing on Affordable Housing Online was last updated on 05/20/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
840 Holt Rd, Webster, New York 14580
1023 RAVENSIDE LN, Webster, New York 14580
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