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Rome
Canal Village
housingvisions.org
Housing
Visions and the city of Rome are partnering together to make Rome Canal Village
a success. Housing Visions Consultants, Inc. (HVC) will construct and
manage 33 affordable housing units along the 400 block of South James Street in
the City of Rome.
Overall, Rome Canal Village will encompass 12 properties, which includes 7 buildings and 5 vacant lots. 4 of the buildings will be demolished while 3 will be substantially rehabilitated. In addition, 8 new buildings will be constructed. The total project will have 11 buildings with 33 units of quality affordable rental housing. One of the substantially rehabilitated buildings will be converted into an on-site management office with a tenant community space with laundry facilities.
The 400 Block of South James Street is currently plagued with high crimes statistics, and the development of Canal Village will help reduce the blight and greatly improve the neighborhood with quality housing to make a positive and long lasting impact to this area. For example, one property in the project is a bar that has been repeatedly closed due to repeated nuisance ordinance violations.
Approximately 50% of the units will be three bedrooms or larger for families. 5 units are reserved for qualified homeless veterans. 4 units will be fully accessible and adapted for person(s) who have mobility impairment, and 2 units will be adapted for person(s) who have hearing or vision impairment.
The project will adhere to the Green Building Initiative and Energy Efficiency requirements of the New York State Division of Housing and Community Renewal. Housing Visions Construction Company, Inc. will act as the General Contractor for the project.
Overall, Rome Canal Village will encompass 12 properties, which includes 7 buildings and 5 vacant lots. 4 of the buildings will be demolished while 3 will be substantially rehabilitated. In addition, 8 new buildings will be constructed. The total project will have 11 buildings with 33 units of quality affordable rental housing. One of the substantially rehabilitated buildings will be converted into an on-site management office with a tenant community space with laundry facilities.
The 400 Block of South James Street is currently plagued with high crimes statistics, and the development of Canal Village will help reduce the blight and greatly improve the neighborhood with quality housing to make a positive and long lasting impact to this area. For example, one property in the project is a bar that has been repeatedly closed due to repeated nuisance ordinance violations.
Approximately 50% of the units will be three bedrooms or larger for families. 5 units are reserved for qualified homeless veterans. 4 units will be fully accessible and adapted for person(s) who have mobility impairment, and 2 units will be adapted for person(s) who have hearing or vision impairment.
The project will adhere to the Green Building Initiative and Energy Efficiency requirements of the New York State Division of Housing and Community Renewal. Housing Visions Construction Company, Inc. will act as the General Contractor for the project.
| Source | Pupose |
| KeyBank National Association | Construction Loan |
| Key Community Development Corp. | Equity |
| NYS HOME Program | Permanent Financing |
| City of Rome | Permanent Financing |
| Housing Visions Consultants, Inc. | Equity |
| Federal Low-Income Housing Tax Credit Program | Permanent Financing |
Funding
Sources
| Development Team |
| Housing Visions Consultants, Inc. |
| 3t Architects |
| Housing Visions Construction Co., Inc. |
| Green & Seifter Attorneys, PLLC |
| Green & Seifter Certified Public Accountants, PLLC |
| Key Bank N.A. |
| Key Community Development Corp. |
| Bdrm Size | # of Units | AMI | Rents |
| 1 | 5 | 40% | $291 |
| 1 | 3 | 60% | $391 |
| 2 | 4 | 40% | $374 |
| 2 | 4 | 60% | $491 |
| 3 | 6 | 40% | $432 |
| 3 | 6 | 60% | $602 |
| 4 | 3 | 40% | $468 |
| 4 | 2 | 60% | $648 |
| Total | 33 |
Rents
Rents do not include utilities and are below market rent.
Rents do not include utilities and are below market rent.
| Family Size | Max 30% | Max 40% | Max 50% | Max 60% |
| 1 | 11,050 | 14,720 | 18,400 | 22,080 |
| 2 | 12,650 | 16,840 | 21,050 | 25,260 |
| 3 | 14,200 | 18,920 | 23,650 | 28,380 |
| 4 | 15,800 | 21,040 | 26,300 | 31,560 |
| 5 | 17,050 | 22,720 | 28,400 | 34,080 |
| 6 | 18,350 | 24,400 | 30,500 | 36,600 |
| 7 | 19,600 | 26,080 | 32,600 | 39,120 |
| 8 | 20,850 | 27,760 | 34,700 | 41,640 |
Income
Requirements (Maximum)
Features
- Individually designed homes
- Multi-family housing for 1 to 4 families, 1-4 bedroom units.
- Unique designs, flats.
- All units will have new Energy Star efficient appliances and off-street
parking.
- Quality units
- Bright floor plans, maximum quality and durable materials.
- Aesthetically complementing to the character of the surrounding
neighborhood.
- Rome Canal Village will exceed the requirements of the Green Building
Initiative and the NYS Energy Conservation Code.
- Convenient location
- Walking distance to stores and businesses, on or near bus lines, easy
access to major thoroughfares, convenient to city hospital, downtown and
parks.
- Laundry facilities
- Washer/dryer hook-ups within apartments.
- Community Space will also offer laundry and office space.
- Maintenance service (available 24 hrs/7 days wk.)
- Emergencies call 1-866-792-4566 when the office is closed.
- On-site management.
- Resident organization
- Neighbors that care
- Churches
- Rome Up and Running
- Weed and Seed
- Individually designed homes
- Multi-family housing for 1 to 4 families, 1-4 bedroom units.
- Unique designs, flats.
- All units will have new Energy Star efficient appliances and off-street
parking.
- Quality units
- Bright floor plans, maximum quality and durable materials.
- Aesthetically complementing to the character of the surrounding
neighborhood.
- Rome Canal Village will exceed the requirements of the Green Building
Initiative and the NYS Energy Conservation Code.
- Convenient location
- Walking distance to stores and businesses, on or near bus lines, easy
access to major thoroughfares, convenient to city hospital, downtown and
parks.
- Laundry facilities
- Washer/dryer hook-ups within apartments.
- Community Space will also offer laundry and office space.
- Maintenance service (available 24 hrs/7 days wk.)
- Emergencies call 1-866-792-4566 when the office is closed.
- On-site management.
- Resident organization
- Neighbors that care
- Churches
- Rome Up and Running
- Weed and Seed
Management
Housing Visions Consultants, Inc.
1508 Genesee Street, Suite 201
Utica, NY 13502
(315) 735-9161
(315) 735-1172
E-mail: admin@housingvisions.org
Office hours: 8:30am-5:00pm Monday - Friday
Housing Visions Consultants, Inc.
1508 Genesee Street, Suite 201
Utica, NY 13502
(315) 735-9161
(315) 735-1172
E-mail: admin@housingvisions.org
Office hours: 8:30am-5:00pm Monday - Friday
Residents
Maintenance emergencies, please call 1-866-792-4566 when the office is closed.
The residents of Rome Canal Village will be encouraged and supported by Housing Visions to establish a neighborhood organization to meet routinely and work together to act on decisions about resident’s homes and their neighborhood. Residents have a voice in helping to create a safer and more attractive place to live and raise a family.
A Tenant Buy-Out plan has been arranged for the future sale of the buildings to the residents.
Maintenance emergencies, please call 1-866-792-4566 when the office is closed.
The residents of Rome Canal Village will be encouraged and supported by Housing Visions to establish a neighborhood organization to meet routinely and work together to act on decisions about resident’s homes and their neighborhood. Residents have a voice in helping to create a safer and more attractive place to live and raise a family.
A Tenant Buy-Out plan has been arranged for the future sale of the buildings to the residents.
Housing
Applicants
Are you a qualified candidate?
Click here to take our pre-qualification quiz online and/or download an applicant packet.
Are you a qualified candidate?
Click here to take our pre-qualification quiz online and/or download an applicant packet.
