392 Genesee St., Buffalo, NY 14202
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Evergreen Lofts offers affordable housing opportunities for people who meet income eligibility requirements or are homeless or are at risk of becoming homeless. The residences provide a safe option for people who may have faced housing discrimination elsewhere. Larger walk-in closets are in units for those previously homeless individuals who are used to never being too far away from all of their possessions. Units are fully furnished with everything from couches to bath towels and silverware so that tenants are able to immediately settle into their home. To assist with job searching and resume building, there is a computer lab and job skills counseling. Also included are laundry rooms, a community room where tenants can mingle with their neighbors or hold a birthday party, and casual sitting spaces throughout the building.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Evergreen Lofts does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price† |
| AMI* | 1 person | 2 people |
|---|---|---|
| 50% AMI for LIHTC Units | $32,500 / year | $37,150 / year |
| 50% AMI for PBRA Units | $32,500 / year | $37,150 / year |
| 60% AMI for LIHTC Units | $39,000 / year | $44,580 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Evergreen Lofts have a waiting list?
Evergreen Lofts probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Evergreen Lofts?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
In addition to Evergreen Lofts, how many other affordable housing properties (and units) are there in Buffalo?
In addition to Evergreen Lofts, we list 181 other affordable properties in Buffalo. Learn about these properties here. Our data research shows that there are a total of 13083 affordable units in Buffalo.
When was the Evergreen Lofts listing last updated?
Evergreen Lofts listing on Affordable Housing Online was last updated on 05/15/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
257 Virginia Strete, Buffalo, New York 14201
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