500 South Ave, Rochester, NY 14620
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | 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.
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 E.L. Towers 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) | - | 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 161 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.
4575 Lake Ave, Rochester, New York 14612
2260 Lake Ave, Rochester, New York 14612
If you're a homeless veteran, contact your VA Medical Center.
You may have an opportunity to apply for a VASH voucher, which is a Section 8 voucher for homeless veterans.Takesha Powell says:
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