The $20.6 million project will provide 80 new affordable apartments for low-income seniors in the community
ROCHESTER, NY — Rochester Management, Inc., a non-profit affordable housing development and management organization, has begun construction of its $20.6 million Irondequoit Senior Housing project.
“We are absolutely thrilled to begin construction on this important project,” said Rochester Management CEO and President, Peggy J. Hill. “Rochester Management has played a key role in providing quality affordable housing for the past 70 years and we look forward to continuing to help provide this quality housing for our growing senior population as well as our underserved communities. We are grateful to be able to provide much needed supportive services to enable seniors to live
Financing is being provided through a mortgage by way of the New York State Housing Finance Agency, the Supportive Housing Opportunity Program, the Empire State Supportive Housing Initiative grant, Low- Income Housing Tax Credits and a sponsor loan.
Project partners include Rochester Regional (service coordination), J.P. Morgan Chase (construction lending) and Richman Housing Services (tax credit investing).
“Expanding the availability of senior housing is essential to ensuring Irondequoit lives up to its motto as ‘A Town for a Lifetime’,” said Irondequoit Supervisor Dave Seeley. “Irondequoit Senior Housing’s 80 new apartments will allow our older residents to continue to be active members of the community they have helped to build and shape throughout their lifetimes. I’m grateful to our partners at Rochester Management for their leadership and hard work as we continue to provide new options for our residents to age in place here in Irondequoit.”
Irondequoit Senior Housing, located at 2590 Culver Road, will add 80 apartments in the Town of Irondequoit, providing seniors with the support they need to age in place and live independently, longer. Through a partnership with Rochester Regional Health, residents will have access to onsite evaluation of needs, as well as a service coordinator who will link residents to their necessary providers. 77 of the available apartments will be one-bedroom units, with rent for residents ranging between $667 and $802 a month.
Located in a peaceful, park-like setting, each apartment will have a balcony or patio and amenities on site will include a walking path, fitness room, computer lab, outdoor sitting areas and a community room. All residents will live in a space designed to accommodate changes in mobility as they age and will be supported with an onsite Resident Service Associate. Transportation will be available weekly for groceries. Opportunities for social, educational and health related activities year-round will be available, as well. Plans include working with Foodlink and their Curbside Green Grocery Program. Rochester Management is expected to complete the project in Spring 2022.