First Apts Olean LIHTC Olean, NY

Profile last updated · Data vintage: HUD LIHTC 2024

First Apts Olean is a Low-Income Housing Tax Credit (LIHTC) community in Olean, NY with 16 units. Rents are set relative to household income.

16
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC)
Address516 N First St, Olean, NY 14760 Map →
Tax-credit (LI) units16
Placed in service2002

How to apply at First Apts Olean

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 516 N First St, Olean; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget.

Other subsidized housing in Olean

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
J & D Housing Corporation §811Hinsdale7.1 km
Portville Square Apts LIHTCPortville10.1 km

← All subsidized housing in Olean

Frequently asked questions

What kind of subsidy does First Apts Olean have?
Low-Income Housing Tax Credit (LIHTC). LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at First Apts Olean?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at First Apts Olean?
Contact the management office at 516 N First St in Olean. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.