Income Restrictions

WELCOME to Woolworth Apartments owned by Woolworth Watertown, LLC and professionally managed by Cornerstone Property Managers, LLC. Our community is operated under the Low Income Housing Tax Credit Program (LIHTC), within Section 42 of the Internal Revenue Code.  This program is designated to facilitate the housing needs of moderate to low income individuals and families. This program is not connected with Section 8 although applicants with Section 8 travel vouchers or certificates may apply for residency.

Residency in all of the apartments at Woolworth Apartments is limited to those households having moderate to low incomes.  In addition to standard wages, income includes monies received from many sources such as alimony, child support, pensions and social security etc.…  The units at Woolworth Apartments will serve two income groups.  The maximum allowable incomes (by household size) for Jefferson County are listed below as a guide.  For the latest information contact the Property Manager at Woolworth Apartments.

• All information on income provided by applicants must be verified before occupancy.  This qualification and certification process must also be completed annually upon renewal. 
•  No Pets Allowed.
   Standard security deposits have been established and are equal to one month’s rent.  
   Applications will be time and date stamped processed on a first-come, first-serve basis.  
•  We are a SMOKE FREE facility. There will be absolutely no smoking permitted in any part of the building.

Please return all completed applications personally to the property manager at:

Woolworth Apartments

11 Public Square, Suite 101

Watertown, NY 13601

                      Any questions, please call (315) 405-8740 or info@woolworthwatertown.com