811 Court St., Utica, NY 13502
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $609 - 1,045 per Month† | 1 - 3 Beds | 1 - 2 Baths | - |
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.
Located in the historic neighborhood of Utica, New York, this brand new apartment home community is the ideal location to fit your lifestyle. Residents are in close proximity to Interstate 90, and also enjoy walking to nearby destinations for shopping, dining, and entertainment. Lofts at Globe Mill offers a thoughtfully designed, smart & stylish place to call home!
This community offers spacious and bright floor plans at affordable rental rates. These homes are being beautifully detailed to surround you in the comfort you deserve. The endless list of quality amenities will be sure to please and inspire. Plan on experiencing apartment home living unlike any other at Lofts at Globe Mill.
This community is proud to offer some of the best amenities in the area. Without having to leave home, you will have full use of the fitness and yoga studio, business center, smart card laundry center, and much more. You will appreciate the gated access and secured entry. Enjoy the beautiful landscaping while taking your daily walk.
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 Lofts at Globe Mill 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) | - | $609 $1,044† |
| Two Bedroom (2/1) | - | $733 $1,045† |
| Three Bedroom (3/2) | - | $943† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $29,850 / year | $34,100 / year | $38,350 / year | $42,600 / year | $46,050 / year | $49,450 / year |
| 50% AMI for PBRA Units | $29,850 / year | $34,100 / year | $38,350 / year | $42,600 / year | $46,050 / year | $49,450 / year |
| 60% AMI for LIHTC Units | $35,820 / year | $40,920 / year | $46,020 / year | $51,120 / year | $55,260 / year | $59,340 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Lofts at Globe Mill have a waiting list?
Lofts at Globe Mill 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 Lofts at Globe Mill?
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 Lofts at Globe Mill?
Lofts at Globe Mill is managed by KCG Companies headquartered in Indianapolis, Indiana.
In addition to Lofts at Globe Mill, how many other affordable housing properties (and units) are there in Utica?
In addition to Lofts at Globe Mill, we list 40 other affordable properties in Utica. Learn about these properties here. Our data research shows that there are a total of 4257 affordable units in Utica.
When was the Lofts at Globe Mill listing last updated?
Lofts at Globe Mill listing on Affordable Housing Online was last updated on 06/27/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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