Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Albany but actual income limits may differ for units at Cedar Avenue Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $13,590 | $18,310 | $23,030 | $27,750 | $32,470 | $36,150 | $38,650 | $41,150 |
50% | $21,850 | $24,950 | $28,050 | $31,150 | $33,650 | $36,150 | $38,650 | $41,150 |
80% | $34,900 | $39,850 | $44,850 | $49,800 | $53,800 | $57,800 | $61,800 | $65,750 |
Cedar Avenue Apartments is managed by HSI Management, Inc.