Roosevelt Residences –
Utica, NY
Number of Units
50
Type of Housing
Family Rental, New Construction, 8 Homeless Units
Development Cost
$14 million
Financing
NYS Homes & Community Renewal
4% Low Income Housing Tax Credits;
NYS Housing Trust Fund Loan
City HOME Funds
NYSERDA Funds
Investor
RBC Tax Credit Equity Group
LOC Provider
KeyBank, N.A.
Turnkey Developer
Norstar Development USA, L.P.
Owner
Municipal Housing Authority of the City of Utica
Architect
Architecteam—Schleicher Soper
General Contractor
Norstar Building Corporation
Completion Year
Completed 2020
Construction Start
Spring 2017
