Our community is operated under the Low Income Housing Tax Credit Program (LIHTC), within Section 42 of the Internal Revenue Code. This program is designated to facilitate the housing needs of moderate to low income seniors age 62+. All units have Section 8 Project Based vouchers from Rochester Housing Authority.
Residency in all of the apartments at Cornerstone Pointe Apartments is limited to those households having moderate to low incomes. In addition to standard wages, income includes monies received from many sources such as pensions, social security, retirement accounts, alimony, etc. The units at Cornerstone Pointe Apartments will serve one income group. Listed below are the current (2020) maximum allowable incomes (by household size) for Monroe County:
60% Limits - Income cannot exceed:
1 person: $32,100 Annual Gross Income
2 person: $36,720 Annual Gross Income
3 person: $41,280 Annual Gross Income
4 person: $45,840 Annual Gross Income
Min 1/Max 2
30% of income
Min 2/Max 4
30% of income
Please bring with you a copy of your birth certificate, social security card, and picture ID when returning your application. All information on income provided by applicants must be verified before occupancy. This qualification and certification process must also be completed annually upon renewal. If you have any questions, feel free to give us a call at the rental office.
Smoke-free community Heat, hot water and electric are included Security deposits are equal to one month's rent
Please return all completed applications with photo identification, Social Security card(s) and Medicaid card (if applicable) personally to: Cornerstone Pointe Apartments, 3 GBC Parkway, Rochester, NY 14626