Dietz Street Lofts

34 Dietz Street Lofts, Oneonta, New York 13820

Dietz Street Lofts is designed in a way that will help the artists grow and prosper at their profession. The Project is designed as a community setting, which will foster a strong sense of community. The lobby of the building, which fronts on Main Street, will also act as a Gallery space for the resident artist to show their work at no cost. This design will capitalize on the already thriving artist community in the City of Oneonta.

All the units in Dietz Street Lofts will be set a below market rents.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	From $662 To $900
2 Bedroom (2/1)	-	From $779 To $1,094

Eligibility for Dietz Street Lofts

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 Oneonta but actual income limits may differ for units at Dietz Street Lofts.

AMI Band	1 Person	2 Person	3 Person	4 Person
Low Income (60%)	$34,320	$39,180	$44,100	$48,960

Dietz Street Lofts Details

64 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Elevator
Community Room
On-Site Manager
On-Site Laundry

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.

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