500 South Ave, Rochester, NY 14620
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor BaileyRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 1 Bed | 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.
Cozy 1-bedroom apartments with carpeting or hardwood floors, refrigerator, gas range, cable ready, curtain rods, weekly trash pick-up, full time maintenance as well as 24-hour emergency maintenance service. Apartments are handicapped accessible. Card-operated washers/dryers are located on the 1st floor. Gas, electric and water are included in the rent.
For the convenience of the residents, this community offers off-street parking, an outside courtyard and a community room for residents’ use. This community is directly on a bus line and close to downtown, which provides a variety of local stores and services. This community also has an On-Site Service Coordinator with Center for Disability Rights.
Because E.L. Towers participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, 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) | - | Call for Price† |
AMI* | 1 person | 2 people |
---|---|---|
30% AMI for PBRA Units | $19,950 / year | $22,800 / year |
50% AMI for LIHTC Units | $33,250 / year | $38,000 / year |
50% AMI for PBRA Units | $33,250 / year | $38,000 / year |
60% AMI for LIHTC Units | $39,900 / year | $45,600 / year |
80% AMI for PBRA Units | $53,200 / year | $60,800 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does E.L. Towers have a waiting list?
E.L. Towers 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 E.L. Towers?
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.
In addition to E.L. Towers, how many other affordable housing properties (and units) are there in Rochester?
In addition to E.L. Towers, 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 E.L. Towers listing last updated?
E.L. Towers listing on Affordable Housing Online was last updated on 06/25/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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Wait until you have a Section 8 voucher to find housing.
It usually takes months or years to reach the top of a Section 8 HCV waiting list. Any apartments you see now will likely not be available when you get your voucher.Jacqueline Armstrong Sanders says:
"Affordable Housing Online is a great website to search for affordable housing nationwide."