Pinnacle Place Apartments is managed by PathStone Corporation.
Pinnacle Place is a 50+ and/or disabled community, offering studio and 1-bedroom apartment homes. This affordable housing high-rise includes all utilities in rent and several community amenities such as a tranquil courtyard, community library, computer lounge, onsite laundry facilities, 24 hour emergency maintenance, an onsite resident services coordinator and off-street parking.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | 396 | Call for Price |
One Bedroom One Bath (1/1) | 462 | 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 a HUD rental assistance program in Rochester but actual income limits may differ for units at Pinnacle Place Apartments.
AMI Band | 1 Person | 2 Person |
---|---|---|
30% | $19,950 | $22,800 |
50% | $33,250 | $38,000 |
80% | $53,200 | $60,800 |
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 Pinnacle Place Apartments.
AMI Band | 1 Person | 2 Person |
---|---|---|
Very Low Income (50%) | $33,250 | $38,000 |
Low Income (60%) | $39,900 | $45,600 |
Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.
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.