These townhomes, which overlook a 6-Acre pond, provide affordable housing for families in the Union Square Planned Residential Community.
Location: 1 Linnea Lane, N. Chili, NY
Ownership Entity: Union Meadows Apartments, LLC
Completion: 1998
Number of Units: 48
Project Type: Affordable Family Rental Housing (townhome style apartments)
Project Cost: $4.75 million
Cornerstone's Role: Developer & Owner
Funding Sources:
Federal Housing Tax Credits, NYS Housing Trust Fund, HOME Funds, Federal Home Loan Bank, Community Preservation, Private Equity