Rehabilitation and refinancing of a HUD 236, Mitchell Lama financed Senior Apartment Community in Fairport.
Location: 1030 Whitney Road East, Fairport, NY
Completion: 2012
Number of Units: 104
Project Type: Rehabilitation/Preservation of Rental Housing
Project Cost: $15.3 million
Cornerstone's Role: Developer/Owner & Property Manager
Funding Sources:
Federal Low-Income Housing Tax Credits, HFA Subsidy, HUD, Federal Home Loan Bank & Monroe County HOME