Syracuse, NY


Housing Visions has been involved in the dramatic turn around of the Syracuse east side since 1992 when its very first neighborhood revitalization project was completed utilizing Low Income Housing Tax Credits. Housing Visions moved into the north side of the City of Syracuse in 1996 at the request of the City administration. Housing Visions expanded into the south side of the City of Syracuse in 2004. This move was a coordinated effort by the City of Syracuse with three housing agencies.

The Syracuse – neighborhood revitalizations consist of an accumulation of 16 Low Income Housing Tax Credit projects throughout the city of Syracuse. The city is rich in architecture and Housing Visions has obtained and given life back to several large houses including two historic buildings. Soon to be added will be the VanKeuren Square project which will include 50 units reserved for veterans with supportive services through the Syracuse VA Medical Center.


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Project Name
Area
Bldg.
Units
Year Completed
Project Details
Syracuse Totals110344
Group IEastside391992Low- to moderate-income served
Group IIEastside4141994Low- to moderate-income served
Group IIIEastside8261995Low- to moderate-income served
Group IVNorthside391996Low- to moderate-income served
Group VEastside7171998Low- to moderate-income served
Group VINorthside391997Low- to moderate-income served
Group VIIEast & North9251999Low- to moderate-income served,
ADA units available
Group VIIIEastside492000Low- to moderate-income served
Group IXNorthside6152001Low- to moderate-income served,
ADA units available
Salina SquareSouthside7232004Low- to moderate-income served,
ADA units available
BeechwoodEastside8202005Low- to moderate-income served,
ADA units available
Eaglewood EastEastside9262007Special population reservation
Low- to moderate-income served
Forst View at FayetteEastside9142008Low- to moderate-income served,
Special population reservation
Maple HeightsEastside13502009Low- to moderate-income served,
ADA units available
Prospect Hill HomesNorthside15502010Low- to moderate-income served,
Special population reservation
Loguen HomesEastside10282010Low- to moderate-income served.
Special population reservation

 

Total Investment

Project Name
Total Investment
Funding Partners
Syracuse Totals$67,980,276
Group I $493,497 LIHTC Equity, Mortgage City of Oswego loan
Group II $1,133,812 LIHTC Equity, Mortgage
Group III $3,121,000 LIHTC Equity, NYS HTF, NYS HOME
Group IV $1,001,000 LIHTC Equity, NYS HTF
Group V $1,955,158 LIHTC Equity, NYS HTF
Group VI $980,250LIHTC Equity, City of Syracuse HOME loan
Group VII $3,016,570 LIHTC Equity, NYS HTF, City of Syracuse HOME loan
Group VIII $1,806,023 LIHTC Equity, Tax Exempt Bonds, City of Syracuse
HOME loan
& CDBG
Group IX $2,650,304LIHTC Equity, City of Syracuse CDBG loan
Salina Square $4,617,535 LIHTC Equity, NYS HTF, City of Syracuse
HOME loan, Weatherization
Beechwood $4,551,187 LIHTC Equity, NYS HTF, City of Syracuse
HOME loan, Weatherization
Eaglewood East $5,873,186LIHTC Equity, HHAP loan, City of Syracuse loan
Forest View at Fayette $2,125,200 LIHTC Equity, City of Syracuse CDBG loan,
Community Health loan
Maple Heights $15,297,465LIHTC Equity, NYS HTF, HHAP loan
Prospect Hill Homes $11,821,000LIHTC Equity, NYS HTF, SNI Funds, City of Syracuse loan
Loguen Homes $7,537,089LIHTC Equity, NYS HTF, NYS HFA

 

Income / Rent Information

2012 Rents

Rents do not include utilities and are below market rent.
Bdrm Size
# of Units
Max Income
Rent Range
152<60%$193 - $488

278<60%$231 - $605
3162<60%$320 - $660
44926<60%$475 - $698
53<60%$641

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2012 Income Requirements (Maximum)

As part of the qualifications to occupy a unit, a
household may not expect to earn more than the maximum
% income allowed at the time of move-in.

Based on MTSP Income Limits for Onondaga County, NY.
Family Size
Max 60%
128,020
231,980
336,000
439,960
543,200
646,380
749,560
852,800
955,920
1059,160

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