Endicott Square is an adaptive redevelopment of the underutilized former Henry B. Endicott School into residential housing in Endicott NY. The Endicott Square project consist 61 quality, affordable housing units within the existing 77,000± square foot building. There will be 43 one-bedroom and 18 two-bedroom rental units. By rehabilitating this site into residential rental units, Endicott Square will address unmet residential demand, and improve the quality of life for residents and neighbors. Seven of the units will be fully accessible and adapted for person(s) who have mobility impairment, and 3 units will be adapted for person(s) who have hearing and/or vision impairment. All the units will be affordable to individual and/or families whose income is at or below 90% of Area Median Income (AMI). Residents will have access to a laundry facility, bulk storage, community gathering rooms and other amenities, including off-street parking.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Call for Price |
Two Bedroom (2/1) | - | Call for Price |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Endicott but actual income limits may differ for units at Endicott Square.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $28,450 | $32,500 | $36,550 | $40,600 |
Low Income (60%) | $34,140 | $39,000 | $43,860 | $48,720 |
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.