Sidney Municipal Apartments has 26 1-bedroom and 4 2-bedroom units. Located above the village and town offices. The building has secured entry ways, laundry on site, tenant storage and unique unit layouts.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 640 | From $475 To $700 |
Two Bedroom (2/1) | 796 | From $675 To $790 |
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 Sidney but actual income limits may differ for units at Sidney Municipal Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $28,450 | $32,500 | $36,550 | $40,600 |
Low Income (60%) | $34,140 | $39,000 | $43,860 | $48,720 |
Day | Hours |
---|---|
Tuesday | 8:30am-12:30pm |
Thursday | 8:30am-12:30pm |
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.