Sleepy Hollow Apartments

4 Terry Ln., Monticello, New York 12701

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Sleepy Hollow Apartments is managed by Monroe Group Ltd..

Enjoy quality, comfortable and affordable living for your family. Sleepy Hollow recently completed extensive renovations including building a new leasing office and community center with kitchen and computer lab. This community features spacious 1-, 2-, 3- and 4-bedroom apartment homes in two- and three-story buildings. Surrounded by abundant outdoor space, this community offers a variety of updated amenities including playgrounds and picnic pavilion surrounded by lawns, trees and shrubs. The professional staff looks forward to providing you with the highest standard of professional property management and are committed to improving the communities where you live. It’s a great place to call home.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price
Three Bedroom (3/1.5) - Call for Price
Four Bedroom (4/2) - Call for Price

Eligibility for Sleepy Hollow 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 Monticello but actual income limits may differ for units at Sleepy Hollow Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $17,050 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% $28,450 $32,500 $36,550 $40,600 $43,850 $47,100 $50,350 $53,600
80% $45,500 $52,000 $58,500 $64,950 $70,150 $75,350 $80,550 $85,750

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 Monticello but actual income limits may differ for units at Sleepy Hollow Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $28,450 $32,500 $36,550 $40,600 $43,850 $47,100 $50,350 $53,600
Low Income (60%) $34,140 $39,000 $43,860 $48,720 $52,620 $56,520 $60,420 $64,320

Sleepy Hollow Apartments Details

  • 229 one, two, three and four bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Computer Lab
  • 24hr Emergency Maintenance
  • On-Site Parking
  • Laundry Facilities
  • Community Kitchen

Unit Amenities

  • Cable Ready
  • Security System
  • Refrigerator
  • Central Heat & Air
  • Stove

Office Hours

Day Hours
Monday 9:00am-5:00pm
Tuesday 9:00am-5:00pm
Thursday 9:00am-5:00pm
Friday 9:00am-5:00pm
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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