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Saratoga Springs, NY
Reserve at Saratoga Springs

Reserve at Saratoga Springs is a mixed-income workforce family housing development situated in multiple buildings on a well-located site in the City of Saratoga Springs. This community is a development that coordinates with The City of Saratoga Springs, Saratoga County, and the State of New York as part of the continued response to housing affordability as a key component to sustained regional economic development. The Development conforms with a key priority of the NYS HCR 2018 Multifamily Open Window RFP as a Workforce Opportunity Goal - Housing Opportunity Project: a project that proposes workforce housing in an area experiencing economic growth that is served by a high performing school. Reserve at Saratoga Springs contains twelve buildings that comprise 202 units in three 3-story walk-up buildings, townhomes, and a Clubhouse. The community features community/commercial space to be utilized for supportive service space, play areas, resident gardens, and other amenities on a well laid-out approximately 13.80 acres, designed for households earning 50-80% of the area median income that provide an attractive housing option for families and individuals. This rental community brings much needed housing for a vibrant younger workforce who are finding it increasingly difficult to identify appropriate viable cost-effective housing options, families looking for affordable housing in high performing school districts, and households that will benefit from available onsite robust supportive service programming.

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Product Type
Affordable 4% LIHTC/Bond
Apartment Homes/Units
202
Lifestyle Type
Multi Family
Status
Lease-Up
Our Involvement
development
construction
management
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