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200 East Avenue
200
East Avenue, Rochester, New York| Rental Information
Chevy
Place is a 77-unit, mixed-income apartment development
on an urban renewal site in the City of Rochester.
Eighty
percent of units are market-rate apartments; 20 percent
are affordable at 50 percent of area median income.
The
site included an art deco, historic landmark building
which was converted into a coffee bar and bistro.
It
was acquired in 1998 from the City of Rochester; renovations
and the new construction were completed in 2000.
Project
amenities include an interior courtyard, underground
parking, and proximity to entertainment and dining venues.
Financing
sources included:
- NYS
HFA Tax-Exempt Bonds
- NYS
HFA 1% Loan
- 4%
Federal Low-Income Housing Tax Credits
- City
of Rochester 1% Loan
- General
Partner Loan
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