Lake Ravine Apartments

582 Lake Ave, Rochester, New York 14613

Lake Ravine Apartments is centrally located in the City of Rochester. Residents enjoy the many amenities including, convenient parking, fitness room, laundry facilities and a community room for hosting guests and community events, 24 hours emergency on-call services and conveniently located near stores, restaurants and is on a bus line.

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	326-536	Call for Price
One Bedroom (1/1)	474-810	Call for Price
Two Bedroom (2/1)	632-1064	Call for Price

Eligibility for Lake Ravine Apartments

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 Rochester but actual income limits may differ for units at Lake Ravine Apartments.

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 Rochester but actual income limits may differ for units at Lake Ravine Apartments.

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

Lake Ravine Apartments Details

111 studio, one and two bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Fitness Center
Community Room
Off-Street Parking
On-Site Recycling
Energy Efficient Design
Secured Entry
Accessible Apartments
On-Site Laundry

Unit Amenities

Refrigerator
Trash Included
Intercom System
Stove
Energy Efficient Appliances
Wall-to-Wall Carpeting
Heating

Nearby Amenities

Near Bus Line
Near Walking and Riding Trail

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.