120 Charlotte Street, Rochester, NY 14607
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 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.
Charlotte Square on the Loop is in the East End neighborhood of Rochester, New York. This property consists of 50 studio, 1-, and 2-bedroom apartments and townhomes with modern amenities and conveniences. The monthly rent includes all utilities. This is made possible by financing and assistance from federal, state and local government programs, which allows the community to provide beautiful and affordable homes to those who qualify.
Each apartment has an open floor plan, fully equipped kitchen with energy star appliances, individually controlled heating and cooling systems, storage, internet and cable access, as well as a private patio or balcony. Charlotte Square on the Loop also offers a community room, fitness center, on-site laundry, and is conveniently located near several bus stop and local attractions and amenities.
Charlotte Square on the Loop provides housing for households who earn a wide range of incomes, from 30% to 90% of the area median income. Eight of the units are set aside for Spiritus Christi Prison Outreach who has a private office and counseling space on site and provides supportive housing for homeless ex-offenders who are in recovery and are graduating from transitional housing.
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 Charlotte Square on the Loop 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 |
|---|---|---|
| Studio (Studio/1) | - | Call for Price† |
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $33,250 / year | $38,000 / year | $42,750 / year | $47,500 / year |
| 50% AMI for PBRA Units | $33,250 / year | $38,000 / year | $42,750 / year | $47,500 / year |
| 60% AMI for LIHTC Units | $39,900 / year | $45,600 / year | $51,300 / year | $57,000 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Charlotte Square on the Loop have a waiting list?
Charlotte Square on the Loop 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 Charlotte Square on the Loop?
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 Charlotte Square on the Loop?
Charlotte Square on the Loop is managed by Home Leasing headquartered in Rochester, NY.
In addition to Charlotte Square on the Loop, how many other affordable housing properties (and units) are there in Rochester?
In addition to Charlotte Square on the Loop, we list 253 other affordable properties in Rochester. Learn about these properties here. Our data research shows that there are a total of 14253 affordable units in Rochester.
When was the Charlotte Square on the Loop listing last updated?
Charlotte Square on the Loop listing on Affordable Housing Online was last updated on 05/21/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
4575 Lake Ave, Rochester, New York 14612
2260 Lake Ave, Rochester, New York 14612
355 N Park Dr, Rochester, New York 14609
Looking for housing as soon as possible?
Applying for waiting lists with no preferences may help shorten the wait for available housing.Bishop Demetres Walker says:
"I love Affordable Housing Online, it keeps me posted and updated with new opportunities."