1490 Meadows

1500 Jefferson Ave, Buffalo, New York 14208

Contact 1490 Meadows

1490 Estates is located close to the Hamlin Park Historic District in Buffalo, NY, This 3 story – 60 unit building features 1-bedroom apartments for elderly persons 62 and older with rent based on income, on-site laundry, resident community areas and is close to public transportation, grocery stores and more. You are going to love calling 1490 Estates Senior Apartments home.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Income Based

Eligibility for 1490 Meadows

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Buffalo but actual income limits may differ for units at 1490 Meadows.

AMI Band	1 Person	2 Person
30%	$19,500	$22,300
50%	$32,500	$37,150
80%	$52,000	$59,400

1490 Meadows Details

59 one bedroom units.
Section 202 Supportive Housing for the Elderly
HOME Investment Partnerships Program
Rental Assistance Demonstration (RAD)

Property Amenities

Off-Street Parking
Resident Lounge
On-Site Laundry

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Rental Assistance Demonstration (RAD)

Since this property is subsidized in part through the Rental Assistance Demonstration (RAD), some apartments may have Section 8 Project-Based Rental Assistance (PBRA) or Section 8 Project-Based Vouchers (PBV). With either type of subsidy, tenant rent payments are 30% of their adjusted monthly income. Households earning less than 80% of the area median income may qualify for PBRA or PBV reduced rents. Some of these subsidized apartments may be reserved for extremely low-income households earning less than 30% of the area median income. If the apartment has a PBV, the tenant may qualify for a Section 8 Housing Choice Voucher (HCV) after living there at least one year. Some rental units in this property may not have PBRA or PBV subsidies and therefore may have higher rents.