8700 Knowledge Ln, Cicero, NY 13039
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | 600 - 855 Sq Ft |
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.
Spring Village offers one and two bedroom apartments for seniors 55+ and intellectually and/or developmentally disabled individuals in Cicero.
Nestled in a quaint neighborhood north of Syracuse, NY, Spring Village has 50 housing units, is close to shopping, restaurants, and parks, and features the convenience you desire. You’ll find laundry facilities, a community room for activities, and beautifully landscaped grounds.
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 Spring Village Apartments 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. 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) | 600ft2 | Call for Price† |
| Two Bedroom (2/1) | 855ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $32,700 / year | $37,350 / year | $42,000 / year | $46,650 / year |
| 50% AMI for PBRA Units | $32,700 / year | $37,350 / year | $42,000 / year | $46,650 / year |
| 60% AMI for LIHTC Units | $39,240 / year | $44,820 / year | $50,400 / year | $55,980 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Spring Village Apartments have a waiting list?
Spring Village Apartments 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 Spring Village Apartments?
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 Spring Village Apartments?
Spring Village Apartments is managed by CDS Housing headquartered in Webster, Ny.
In addition to Spring Village Apartments, how many other affordable housing properties (and units) are there in Cicero?
In addition to Spring Village Apartments, we list 5 other affordable properties in Cicero. Learn about these properties here. Our data research shows that there are a total of 250 affordable units in Cicero.
When was the Spring Village Apartments listing last updated?
Spring Village Apartments listing on Affordable Housing Online was last updated on 01/01/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
Even if it looks difficult to get housing, apply anyway.
Some factors make it look like a longshot to get housing. Any waiting list opening is a legitimate chance to get housing, no mattter how long it takes.Cathey Hickle says:
"This website is my lifeline to finding affordable housing near my family. Thank you, Affordable Housing Online, for all you do!"