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$20M afforable/supportive Saratoga apartment complex complete | The Daily Gazette
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SARATOGA SPRINGS A new 63-unit affordable and supportive housing complex in Saratoga Springs is officially complete.
Work on the $20 million Promenade Apartments began in 2019 and received $16.5 million in low-income tax credits through New York State Homes and Community Renewal.
Promenade consists of a four-story building with 41 apartments and three two-story townhouse-style buildings with a total of 22 units. There are 31 one-bedroom, 26 two-bedroom, and six three-bedroom apartments, all priced to be affordable to households earning less than 81% of area median income.
Ten units will be reserved for homeless veterans who need supportive services; these services will be provided by the Veterans & Community Housing Coalition.