Silo City Phase I

139 Buffalo River Place, Buffalo, NY 14210

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Colleen Carter
Rent Beds Baths SqFt
$539 - 1,786 per Month Studio - 4 Beds 1 - 2 Baths -

This property is currently under construction.

Silo City offers affordable apartment homes ranging from studio to 4-bedroom floor plans. Each unit comes cable ready and features a fully-equipped kitchen, stackable washer/dryer in unit, and central air. Community amenities include a resident lounge, wellness center, fitness center, indoor park, atrium, and off-street parking.

Dave's Thoughts On Silo City Phase I

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 Silo City Phase I 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Silo City Phase I Amenities

  • Fitness Center
  • Off-Street Parking
  • Central Air
  • All Appliances included
  • Cable Ready
  • Fully Equipped Kitchen
  • Washer and Dryer Included
  • Resident Lounge
  • Stacked Washer and Dryer
  • Wellness Center

Units at Silo City Phase I

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - $539 $855
One Bedroom (1/1) - $577 $1,154
Two Bedroom (2/1) - $693 $1,386
Three Bedroom (3/2) - $800 $1,600
Four Bedroom (4/2) - $1,786

Income Qualification for Silo City Phase I

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
50% AMI for LIHTC Units $32,500 / year $37,150 / year $41,800 / year $46,400 / year $50,150 / year $53,850 / year $57,550 / year $61,250 / year
50% AMI for PBRA Units $32,500 / year $37,150 / year $41,800 / year $46,400 / year $50,150 / year $53,850 / year $57,550 / year $61,250 / year
60% AMI for LIHTC Units $39,000 / year $44,580 / year $50,160 / year $55,680 / year $60,180 / year $64,620 / year $69,060 / year $73,500 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Silo City Phase I

Does Silo City Phase I have a waiting list?

Silo City Phase I 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 Silo City Phase I?

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.

What property management company manges Silo City Phase I?

Silo City Phase I is managed by Housing Visions headquartered in Syracuse, New York .

In addition to Silo City Phase I, how many other affordable housing properties (and units) are there in Buffalo?

In addition to Silo City Phase I, 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 Silo City Phase I listing last updated?

Silo City Phase I listing on Affordable Housing Online was last updated on 07/10/2024 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Silo City Phase I

Mariner Towers

186 Efner Street, Buffalo, New York 14201

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Olympic Avenue Apartments

321 Olympic Ave, Buffalo, New York 14215

bed 1-2
payment $391-721/mo.

Folwell Senior Apartments

140 Hodge St, Buffalo, New York 14209

bed 1-2
payment $600-795/mo.

The Mill at Crossroads

19 Doat St, Buffalo, New York 14211

bed 1-3

La Plaza de Virginia

257 Virginia Strete, Buffalo, New York 14201

bed 1
payment $550-650/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Jefferson Avenue Apartments

1140 Jefferson Ave., Buffalo, New York 14208

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

Email Signup
Don't Miss A Waiting List Opening