For more than 60 years, Cobbs Hill Village has played an important role in providing below-market-rate senior housing for residents of the Monroe and Culver neighborhoods of our city. Nonprofit Rochester Management’s latest Cobbs Hill Village plan for enabling today’s seniors to age in place, avoid isolation, and enjoy basic comforts reflects input and direction received from residents, the community and the city, so this urban residential community may be modernized to allow us to continue to meet Rochester’s housing needs.
Cobbs Hill Village will continue to serve individuals aged 55 years and older and will continue to operate under the New York State Mitchell-Lama Program, just as it has since 1957. Under that program, our units are available to individuals earning percentages of the Area Median Income (AMI) for the Rochester, NY region. For more information on Mitchell-Lama, please visit www.nyshcr.org/Programs/Mitchell-Lama. For additional details on AMI and income limits, which are set by the U.S. Dept. of Housing and Urban Development, please visit www.hud.gov.
In effort to preserve affordability, the nonprofit has made every effort to increase the supply of the most affordable units as part of this modernization plan. As a result, after the project is complete, Cobbs Hill Village will offer 72 units affordable to people earning 50% or less of AMI, compared to the 60 units it currently offers at this level. For Rochester, as of April 1, 2018, this would be $25,900 or less per year for single-occupancy units.