2 Kennedy Plz, Utica, NY 13502
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley| 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.
Are you looking for a beautiful place to live with a wonderful and friendly atmosphere? Kennedy Plaza apartments offer newly renovated Studio, 1, & 2 bedroom apartments! All 3 buildings have fully remodeled units with brand new appliances and vinyl flooring! Energy-efficient windows help keep your (included) heat in your apartment during the cold months! Did we mention heat, hot water AND electricity are included in your rent?
Each apartment comes with a personal balcony which allows for beautiful views of Downtown Utica during the day and especially at night if you’re living in the tower. Our spacious community room allows for residents to interact or conduct activities. Our office managers are very helpful with the application and moving process to make your transition as easy as possible. The 24-hour, on-call maintenance staff is professionally trained to keep your home safe and secure.
Please check back as we are always updating information regarding community news, events, promotions, and even move-in specials!
*Income Restrictions May Apply
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 Kennedy Plaza Apartments 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. 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 |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $17,900 / year | $20,450 / year | $24,860 / year | $30,000 / year |
| 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 |
| 80% AMI for PBRA Units | $47,750 / year | $54,550 / year | $61,350 / year | $68,150 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Kennedy Plaza Apartments have a waiting list?
Kennedy Plaza Apartments 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 Kennedy Plaza Apartments?
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 Kennedy Plaza Apartments?
Kennedy Plaza Apartments is managed by CRM Rental Management, Inc. headquartered in Rome, NY.
In addition to Kennedy Plaza Apartments, how many other affordable housing properties (and units) are there in Utica?
In addition to Kennedy Plaza Apartments, we list 35 other affordable properties in Utica. Learn about these properties here. Our data research shows that there are a total of 4006 affordable units in Utica.
When was the Kennedy Plaza Apartments listing last updated?
Kennedy Plaza Apartments listing on Affordable Housing Online was last updated on 01/02/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
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