New construction of 45 single family rental homes built on scattered sites in the JOSANA neighborhood in Northwest Rochester. This development furthered numerous goals outlined in the JOSANA master plan, adopted by the City in 2011.
Location: JOSANA neighborhood in Northwest Rochester
Completion: 2015
Number of Units: 45
Project Type: Affordable Housing Single Family Homes
Project Cost: $11 million
Cornerstone's Role: Developer/Owner & Property Manager
Funding Sources:
Federal Low-Income Housing Tax Credits, Private Equity, NYS Housing Trust Fund, City HOME, FHLB of New York