Roosevelt Residences

509 2nd St, Utica, New York 13501

Contact Roosevelt Residences

People First is pleased to introduce a brand new affordable housing community, completed in 2019, at the site of the former Roosevelt Elementary School on Brinckerhoff Avenue: Roosevelt Residences. The Roosevelt Residences development features a 50-unit, multi-family, affordable housing community within the Cornhill neighborhood in the City of Utica. As one of People First’s developments offering family, disabled, and senior housing, the development features a mix of 1, 2, 3, and 4-bedroom options in 24 duplex or stacked flat buildings across 11 sites throughout the neighborhood.

A bonus feature of Roosevelt Residences is its brand new Resident Center, which provides event space, onsite laundry, a fitness room, and management and support services offices for tenant use.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price
Two Bedroom (2/1)	-	Call for Price
Three Bedroom (3/2)	-	Call for Price
Four Bedroom (4/2)	-	Call for Price

Eligibility for Roosevelt Residences

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Utica but actual income limits may differ for units at Roosevelt Residences.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$17,900	$20,450	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$29,850	$34,100	$38,350	$42,600	$46,050	$49,450	$52,850	$56,250
80%	$47,750	$54,550	$61,350	$68,150	$73,650	$79,100	$84,550	$90,000

Roosevelt Residences Details

163 one, two, three and four bedroom units.
Public Housing
HOME Investment Partnerships Program
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Fitness Center
On-Site Manager
Energy Efficient Design
Off Street Parking
Laundry Facility

Unit Amenities

Private Entrance
Laundry Hookups
Central Heat & Air

Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.