Frances Apartments I and II

1-8 Lifetime Way , Sweden, New York 14420

Frances Apartments area a multiphase affordable community offering 1-, 2-, and 3-bedroom units. This community offers many amenities including a laundry facility, community room, and a playground.

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

Eligibility for Frances Apartments I and II

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 Sweden but actual income limits may differ for units at Frances Apartments I and II.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$33,250	$38,000	$42,750	$47,500	$51,300	$55,100
Low Income (60%)	$39,900	$45,600	$51,300	$57,000	$61,560	$66,120

Frances Apartments I and II Details

104 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Playground
Community Room
Laundry Facilities

Unit Amenities

Microwave
Window Coverings
Hardwood Floors
Storage
Refrigerator
Oven and Range

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.