Rochester’s Cornerstone Group, Ltd. and Wyoming County Community Action are planning a rehabilitation of Silver Lake Meadows, in the Village of Perry.
As part of the rehab, all buildings are proposed to receive new roofs, gutters, downspouts, splash blocks, new windows, and new siding with rigid insulation. There will also be plumbing and electrical upgrades, as well as new site features added too.
Cornerstone Property Managers will be working closely with the residents once funding has been secured and dates have been established.
Number of Units: 52 Units, including 14 1-bedroom units and 38 two-bedroom units.
Project Type: Family Project, Rehabilitation
Project Cost: Approximately $4,000,000
Cornerstone's Role: Co-Developer & Co-Owner
Proposed funding sources are New York State Community Investment Fund, Federal Low-Income Housing Tax Credits, USDA Rural Development Mortgages, NYSERDA. Cornerstone will be the co-developer and owner for the development.