Chadakoin Centre Apartments

114 W 3rd St, Jamestown, New York 14701

Contact Chadakoin Centre Apartments

This newly renovated 32-unit complex boasts the very finest in independent one and two bedroom living. Blessed with spaciousness beyond compare, each unit comes fully equipped with major appliances, air conditioning, wall to wall carpeting, and the added safety feature of a building-wide wet sprinkler system. Storage is ample, security is tight, and access is uncompromised. In this ultra-modern 6-story landmark, adults and children alike are afforded a clean, safe, sanitary and affordable place to call home. Utilities are included and parking is free in the nearby Cherry Street Ramp.

Eligibility for Chadakoin Centre Apartments

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 Jamestown but actual income limits may differ for units at Chadakoin Centre Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
50%	$28,500	$32,600	$36,650	$40,700	$44,000	$47,250	$50,500	$53,750

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 Jamestown but actual income limits may differ for units at Chadakoin Centre Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$28,500	$32,600	$36,650	$40,700	$44,000	$47,250	$50,500	$53,750
Low Income (60%)	$34,200	$39,120	$43,980	$48,840	$52,800	$56,700	$60,600	$64,500

Chadakoin Centre Apartments Details

32 bedroom units.
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program
Public Housing

Property Amenities

Laundry Facilities
Heat Included
Free Parking

Unit Amenities

Air Conditioning
Utilities Included
Security System
Storage
Refrigerator
Sprinkler
Stove
Wall-to-Wall Carpeting

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.

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.

Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.