Cortland, NY


Cortland Crown Homes consists of 30 units of scattered site, quality affordable rental housing that were substantially rehabilitated and newly constructed along the City of Cortland's South Main Street gateway. The project was part of the City of Cortland's comprehensive revitalization plan to respond to a priority need for quality affordable housing. The Cortland Crown Homes development provides a critical mass of rehabilitated properties and continues to have a lasting positive impact on the city.

Six substandard buildings were substantially rehabilitated and 4 buildings were demolished and replaced with 2 additional newly constructed buildings. This neighborhood revitalization effort has changed the streetscape of the western side of the South Main Street neighborhood. This project provided the South Main Street Gateway in the City of Cortland a much needed facelift, reversed deteriorating economic conditions, and provided economic stability for the neighborhood.
bv01728
ProjectBldgsUnitsInvestmentYear Completed
Funding Partners
Crown Homes830$8,139,5412009
HHTC Equity, NYS HOME, NYS HTF,
CDBG grant, HUD CDBG loan, NYS CDBG loan
Cortland Total830$8,139,541

 

Income / Rent Information

2015 Rents

Bdrm Size# of UnitsMax IncomeRent Range 
13<50%$339
156After_595_Housing Visions logo_nologoRGB
25<60%$415 - $503
310<60%$485 - $600
44<50%$670