Weyant Green

40 West Point Hwy, Highland Falls, New York 10928

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Weyant Green is managed by Related Companies.

Located in the historic town of Highland Falls just outside of West Point Military Academy, the Weyant Green Apartments are garden-style with beautiful landscaping, which includes a babbling brook running through the property. This property consists of 40 one-bedroom units exclusively for seniors and 10 two-bedroom duplex apartments for low and middle income families. This quaint town of Highland Falls offers charm; in addition, it is within walking distance of stores, restaurants and public transportation. Amenities include a newly decorated community room with large screen TV, on-site laundry room and a playground.

Eligibility for Weyant Green

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 Highland Falls but actual income limits may differ for units at Weyant Green.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $25,000 $28,600 $32,150 $35,700 $38,600 $41,450 $45,420 $50,560
50% $41,650 $47,600 $53,550 $59,500 $64,300 $69,050 $73,800 $78,550
80% $66,300 $75,750 $85,200 $94,650 $102,250 $109,800 $117,400 $124,950

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 Highland Falls but actual income limits may differ for units at Weyant Green.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $41,650 $47,600 $53,550 $59,500 $64,300 $69,050 $73,800 $78,550

Weyant Green Details

  • 51 bedroom units.
  • Low Rise
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 221 (d) (3)
Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.

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