James A. Dobson Apartments, originally known as Urban Park Apartments, was originally built in 1971 by a dedicated group of local citizens committed to providing a dignified living environment for seniors and families that could not afford market rate housing. It houses families and the elderly in 254 homes, comprised of 20 studio, 63 one-bedroom, 78 two-bedroom, 60 three-bedroom and 30 four-bedroom units. Originally financed under Section 221 (d) (3), the property was purchased by the principals of Evergreen in 2007. Rehabilitation construction started immediately after closing, and was completed in winter 2008. 95% of the apartments are covered by Section 8 project-based subsidy. James A. Dobson is located just west of the city center, near public transportation, restaurants, shopping, employment and healthcare.
James A. Dobson Apartments
150 Van Auker Street
Rochester, NY 14608
Phone: (585) 436-8800
Office Hours: M-F 9:00 am-5:00 pm
First Mortgage Financing: Tax-exempt financing using bonds issued by the County of Monroe Industrial Development Agency (COMIDA) and placed by MMA Financial.
Equity Financing: Equity raised through the sale of 4% low income housing tax credits, allocated by the New York Department of Housing and Community Renewal and syndicated by MMA Financial.
Section 8 Contract Renewal: Yes
Over $9.5 million in total rehabilitation expenditures including:
New York Department of Housing and Community Renewal
Local HUD Office
HUD Buffalo Office
City of Rochester, New York
First Mortgage Lender
Tax Credit Investor
Nixon Peabody LLP
The Architectural Team
DGA Builders, Inc.