Phase 2 of a major re-development in Southwest Rochester, consisting of 77 units, 35 of which are public housing. Named “Best Family Project” in Affordable Housing Finance magazine’s 2007 Readers Choice Awards for the Nation’s Best Affordable Housing Developments.
Location: Southwest Neighborhood in the City of Rochester
Completion: 2007
Number of Units: 77
Project Type: Affordable Multi Family Homes
Project Cost: $18.2 million
Cornerstone's Role: Developer & Owner
Funding Sources:
Federal Housing Tax Credits, Federal Home Loan Bank, Rochester Housing Authority, NYS Homes for Working Families, Tax Exempt Bonds, City of Rochester HOME Funds, Private Equity