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Colonial I and II

310 Cottage St, Rome, New York 13440

Colonial Apartments I & II are high rise facilities designed to meet the needs of those adults that are either elderly or disabled. This quiet setting, overlooking a beautiful pond area, offers many amenities to residents such as complete accessibility, security system to maintain safety, 24 hour emergency maintenance, kitchen appliances, community room area for entertainment, socialization, recreational opportunities, common outdoor patio area with grills, and is located on the city bus line for convenience.

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - Call for Price
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price

Eligibility for Colonial I and II

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 Rome but actual income limits may differ for units at Colonial I and II.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $29,850 $34,100 $38,350 $42,600
Low Income (60%) $35,820 $40,920 $46,020 $51,120

Colonial I and II Details

  • 99 studio, one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Community Room
  • Clubhouse
  • Organized Activities
  • Grilling Area
  • On-Site Maintenance
  • Smoke Free
  • High Speed Internet Access
  • Picnic Area

Unit Amenities

  • Security System
  • Private Patios
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.

Images of Colonial I and II
Image of Colonial I and II
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