Troy Housing Authority is a housing authority that participates in the Section 8 Housing Choice Voucher (HCV), Public Housing, Section 8 Project-Based Voucher (PBV), Rental Assistance Demonstration (RAD), and Moderate Rehabilitation programs. As of August 15th, 2022, Troy Housing Authority has 5 waiting lists that are open now or opening soon.
Troy Housing Authority offers Project-Based Voucher Housing, Public Housing and Section 8 Housing rental assistance in Troy.
|Rental Assistance Demonstration (RAD) | Project-Based Voucher||Open Until Further Notice|
|Veteran Rental Assistance Demonstration (RAD) | Project-Based Voucher||Open Until Further Notice|
|Tapestry on the Hudson Project-Based Voucher||Open Until Further Notice|
|Rental Assistance Demonstration (RAD) | Senior Project-Based Voucher||Open Until Further Notice|
|John F. Kennedy Towers Senior Project-Based Voucher||Open Until Further Notice|
|Troy, New York Mainstream Housing Choice Voucher||Closed|
|Troy, New York Housing Choice Voucher||Closed|
As of 08/15/2022, it is not known if Troy Housing Authority is either absorbing or billing Section 8 Housing Choice Voucher portability requests for porting in. Learn more about porting Housing Choice Vouchers to a new area here.
As of the HUDs most recent Voucher Management System report, Troy Housing Authority manages 1,669 active Housing Choice Vouchers.
The following is a summary of the types of vouchers managed and the monthly costs of each as of September 30th, 2021:
|Standard||Homeownership||Tenant Protection||Ported Out||VASH|
|Monthly Cost Per Voucher||$660||$516||$730||$599||$623|
According to the 2016 Q4 Picture of Subsidized Households database, the housing authority's voucher program has an annual turnover of 7% having issued approximately 101 vouchers in the past year. The average voucher holder has received housing benefits for 8 years and 5 months. According to the 2016 PSH database, persons who were issued a voucher in the preceding 12 months waited an average of 33 months on the waiting list1.
According to 2016 Q4 Picture of Subsidized Households data, the average voucher household contains 1.9 persons and has a household income of $15,901 per year. 97% of households were very low income (VLI) and 76% were extremely low income (ELI). 26% of households had wages as a major source of income, 3% of households had welfare (TANF, General Assistance or Public Assistance) as their primary source of income, and 71% of households had other income (Social Security, Disability or Pension) as their major source of income.
1% of households were headed by a person 24 years old or less, 41% were headed by a person 25 to 49 years old, 24% were headed by a person 51 to 60 years old, and 34% were headed by a person 62 years old or older. In addition, 4% of households were headed by a person 85 years old or older.
36% of households included children, 3% of which had two adults in the household. 34% of households with children have a female head of household. 76% of all households were headed by a female.
50% of all voucher households were headed by minorities with 36% of all heads of households being Black and 2% being Hispanic.
Of all households participating in the Troy Housing Authority Housing Choice Voucher program, 34% include at least one person with a disability. 47% of households with a head of household 61 years or less were headed by a person with a disability. 65% of households headed by someone 62 or older were headed by a person with a disability.
43% of voucher holders reside in a home with zero or 1 bedroom, 28% with 2 bedrooms and 29% with 3 or more bedrooms. 21% of voucher recipients are considered overhoused, meaning they occupy a rental unit larger than their family size requires.
The average monthly tenant contribution to rent by Troy Housing Authority voucher holders in 2016 was $387 and the average monthly HUD expenditure per voucher holder was $640. The average utility allowance across all voucher recipients is $117.
1. This Picture of Subsidized Households data field is the average wait time of those who received a voucher in the preceding 12 months. Due to special voucher programs like VASH, recent waiting list purges, or waiting list preferences the average wait time can vary significantly from one year to the next and it is entirely possible many current applicants on the waiting list have been waiting for assistance for far longer.