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For individuals and families who have wondered whether homeownership is within reach, the Lofts at 1117 offer a unique opportunity in the heart of Syracuse.
Located at 1117 W. Fayette Street, between Tipp Hill and Downtown Syracuse, the newly completed condominiums, developed by community partner Redev CNY, were created to help moderate-income households build equity and experience the stability of owning their own home.
Studios and one-bedroom homes are currently available, featuring stainless steel appliances, in-unit washer and dryer, modern finishes, and a beautiful shared courtyard. Eligible buyers can also receive up to $2,500 in closing cost assistance.
The homes are income-restricted, with eligibility based on household size. As an example, households earning less than $85,500 annually may qualify, depending on household size and the home selected.
“Homeownership remains one of the most important ways families can build long-term financial stability and generational wealth,” said Ryan Benz, Founder & CEO of Redev CNY. “Our goal at 1117 is to make that opportunity accessible to more people and to demonstrate that equitable homeownership can also mean beautiful, high-quality housing in the neighborhoods people want to call home.”
Interested buyers can learn more about available homes, pricing and eligibility at redevcny.com/1117.
Want to see how much you might qualify for in purchase financing? Start the process by filling out a Pre-Qual application found on HHQ's website here!
HHQ is also announcing (at this very moment) a special 5.99% mortgage rate for any Lofts at 1117 buyer! (hopefully you read all the way to the end!)
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