220 East First Street, Oswego, NY 13126
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $400 - 765 per Month† | 1 - 2 Beds | 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.
The Lock 7 Apartments are located in the city of Oswego, New York with each 1- and 2-bedroom apartment featuring:
Heat, air conditioning, hot water, electric, and basic Wi-Fi are included in the rent and on-site laundry facilities are available at no cost to the tenant. There is also off-street parking. Tenants have access to a community room, lounges and a computer lab. The building is 100 percent smoke free. There is a designated smoking area outdoors.
There are a total of 80 units centrally located in a residential area in close proximity to many local amenities such as grocery shopping, schools, places of worship, medical care, banks, libraries, government agencies and general shopping.
There are 40 available units including 34 1-bedroom and 6 2-bedroom apartments. On-site services are available for the other 40 units, with housing specialists that teach skills and assist tenants in linking to community services. There are 20 units with ADA accessibility and 4 units with hearing and vision accessibility (HVA) in 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 Lock 7 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | $400 $574† |
| Two Bedroom (2/1) | - | $510 $765† |
| 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 Lock 7 Apartments have a waiting list?
Lock 7 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 Lock 7 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 Lock 7 Apartments?
Lock 7 Apartments is managed by DePaul Housing Management headquartered in Albany, New York.
In addition to Lock 7 Apartments, how many other affordable housing properties (and units) are there in Oswego?
In addition to Lock 7 Apartments, we list 26 other affordable properties in Oswego. Learn about these properties here. Our data research shows that there are a total of 561 affordable units in Oswego.
When was the Lock 7 Apartments listing last updated?
Lock 7 Apartments listing on Affordable Housing Online was last updated on 06/27/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
472 W 1st St, Oswego, New York 13126
193 W Bridge St, Oswego, New York 13126
Housing options for persons with disabilities.
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