Cornerstone Pointe

3 GBC Pkwy, Greece, New York 14626

Cornerstone Pointe is an affordable apartment community offering 1- and 2-bedroom units for seniors aged 62+. This community offers a community room, computer room, and an outside patio area.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Income Based
Two Bedroom (2/1)	-	Income Based

Eligibility for Cornerstone Pointe

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Greece but actual income limits may differ for units at Cornerstone Pointe.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$19,950	$22,800	$25,650	$30,000
50%	$33,250	$38,000	$42,750	$47,500
80%	$53,200	$60,800	$68,400	$75,950

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 Greece but actual income limits may differ for units at Cornerstone Pointe.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$33,250	$38,000	$42,750	$47,500
Low Income (60%)	$39,900	$45,600	$51,300	$57,000

Cornerstone Pointe Details

66 one and two bedroom units.
Low Rise
Low-Income Housing Tax Credit (LIHTC)
Section 8 Project-Based Voucher (PBV)

Property Amenities

Computer Lab
Community Room
On-Site Manager
Accessible Apartments
Courtyard

Low-Income Housing Tax Credit (LIHTC)

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.