Colonial I and II

310 Cottage St, Rome, NY 13440

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Connor Bailey, Lorena Bentley
Rent Beds Baths SqFt
Call for Rents Studio - 2 Beds 1 Bath -
check_circle  Family and Senior
check_circle  Affordable

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.

Colonial Apartments I & II are high rise facilities designed to meet the needs of those adults that are either elderly or disabled. This quiet setting, overlooking a beautiful pond area, offers many amenities to residents such as complete accessibility, security system to maintain safety, 24 hour emergency maintenance, kitchen appliances, community room area for entertainment, socialization, recreational opportunities, common outdoor patio area with grills, and is located on the city bus line for convenience.

Dave's Thoughts On Colonial I and II

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 Colonial I and II 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Colonial I and II Amenities

  • Community Room
  • Clubhouse
  • Organized Activities
  • Security System
  • Grilling Area
  • On-Site Maintenance
  • Private Patios
  • Smoke Free
  • High Speed Internet Access
  • Picnic Area

Units at Colonial I and II

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

Income Qualification for Colonial I and II

*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
50% AMI for LIHTC Units $29,850 / year $34,100 / year $38,350 / year $42,600 / year
50% AMI for PBRA Units $29,850 / year $34,100 / year $38,350 / year $42,600 / year
60% AMI for LIHTC Units $35,820 / year $40,920 / year $46,020 / year $51,120 / year

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

FAQs for Colonial I and II

Does Colonial I and II have a waiting list?

Colonial I and II 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 Colonial I and II?

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 Colonial I and II, how many other affordable housing properties (and units) are there in Rome?

In addition to Colonial I and II, we list 12 other affordable properties in Rome. Learn about these properties here. Our data research shows that there are a total of 845 affordable units in Rome.

When was the Colonial I and II listing last updated?

Colonial I and II 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.

Listings Near Colonial I and II

Copper City Lofts

183 W Dominick St, Rome, New York 13440

bed 1-2
payment $705-834/mo.

DeWitt Clinton Apartments

423 Ann Street , Rome, New York 13440

bed 1-2
payment $612-969/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Park Drive Manor II

430 Park Dr, Rome, New York 13440

payment Subsidized

Rome Mall Apartments

146 W Dominick St, Rome, New York 13440

payment Subsidized

Georgian Arms Apartments

119 N George St, Rome, New York 13440

payment Subsidized

227 E Dominick St Unit #2 - Rear

227 E Dominick St Unit #2 - Rear, Rome, New York 13440

bed 2
payment $725/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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