Crannell Square

35 Catharine St, Poughkeepsie, NY 12601

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Connor Bailey

Rent	Beds	Baths	SqFt
$716 - 1,395 per Month^†	1 - 3 Beds	1 Bath	-

Call (845) 306-7705 Email

Waitlist Forecast

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.

Crannell Square is designed in a way that will help the artists grow and prosper at their profession. The Project is designed as a community setting, which will foster a strong sense of community. The lobby of the building, which fronts on Main Street, will also act as a Gallery space for the resident artist to show their work at no cost. This design will capitalize on the already thriving artist community in the City of Poughkeepsie.

All the units in Crannell Square will be set a below market rents. The artist units will start at $716.00 per month for a 1-bedroom and $851.00 for a 2-bedroom. The non-artist units will start at $1,099.00 per month for 1-bedroom and $1,395.00 for a 2-bedroom.

The building is LEED certified. In addition, the development boasts numerous amenities. Such amenities include on-site laundry, on-site super-intendent, on-site management office, on-site gallery space for the resident artists, a rooftop terrace with views of the Hudson Valley. There will be three separate common rooms, the first will be a community room that can also have three computers for common use. The remaining common rooms will be have the second (Studio A) specifically designed as performance practice space. The third (Studio B) as a shared Artist Space.

Dave's Thoughts On Crannell Square

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 Crannell Square 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

Crannell Square Amenities

Community Room
Clubhouse
On-Site Manager
Laundry Room
On-Site Maintenance
Smoke Free

Units at Crannell Square

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	$716 $1,099^†
Two Bedroom (2/1)	-	$851 $1,395^†
Three Bedroom (3/1)	-	Call for Price^†

Income Qualification for Crannell Square

*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
50% AMI for LIHTC Units	$41,650 / year	$47,600 / year	$53,550 / year	$59,500 / year	$64,300 / year	$69,050 / year
50% AMI for PBRA Units	$41,650 / year	$47,600 / year	$53,550 / year	$59,500 / year	$64,300 / year	$69,050 / year
60% AMI for LIHTC Units	$49,980 / year	$57,120 / year	$64,260 / year	$71,400 / year	$77,160 / year	$82,860 / year

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

FAQs for Crannell Square

Does Crannell Square have a waiting list?

Crannell Square 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 Crannell Square?

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 Crannell Square?

Crannell Square is managed by Kearney Realty & Development Group headquartered in Baldwin Place , New York.

In addition to Crannell Square, how many other affordable housing properties (and units) are there in Poughkeepsie?

In addition to Crannell Square, we list 47 other affordable properties in Poughkeepsie. Learn about these properties here. Our data research shows that there are a total of 2518 affordable units in Poughkeepsie.

When was the Crannell Square listing last updated?

Crannell Square listing on Affordable Housing Online was last updated on 06/26/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.