The proposed project is the renovation of an existing vacant former manufacturing warehouse located on the corner of Court Street and Stuyvesant Street in Binghamton, NY. Helio proposes to renovate three connected existing buildings and build a three-story addition into one four story building consisting of 51 new and high-quality affordable apartments including Studios, 1 Bedroom and 2 Bedroom units. All 51 units in the project must be occupied by individuals who's income falls at or below 60% AMI. The proposed project features two elevators serving all four floors. Every unit in the building will be adapted or adaptable and visitable. # Units Monthly Rent* Income** 1 BR 34 $789 $19,725- $37,260 2 BR 17 $933 $23,325 - $42,600 *Rent includes Water, Sewer and Trash Collection. Income guidelines & permitted household size are subject to change. **Minimum income listed may not apply to applicants with Section 8 or other qualifying rental subsidies. Asset limits also apply.
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