Fallkill Commons on Rose

18 Rose St, Poughkeepsie, New York 12601

Fallkill Commons on Rose is a newly built affordable apartment community offering 78 units for households earning below 30% to 50% AMI. Apartments consist of studio and 1-bedroom units. a selection of amenities are also included to residents.

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	-	Call for Price
One Bedroom (1/1)	-	Call for Price

Eligibility for Fallkill Commons on Rose

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 Poughkeepsie but actual income limits may differ for units at Fallkill Commons on Rose.

AMI Band	1 Person	2 Person
Very Low Income (50%)	$41,650	$47,600
Low Income (60%)	$49,980	$57,120

Fallkill Commons on Rose Details

78 studio and one bedroom units.
HOME Investment Partnerships Program
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

On-Site Manager
Landscaping

Unit Amenities

Air Conditioning
Garbage Disposal
Refrigerator
Oven and Range
Heating

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.

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.