400 Central Ave, Albany, NY 12206
Waiting List Forecast: Likely Long or Closed
Verified for 2023 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
HUD’s Section 236 program provides mortgage insurance and interest reduction to developers for the production of low-cost rental housing. It is an older HUD program, with no new commitments since the 1970s,
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $39,300 / year | $44,900 / year | $50,500 / year | $56,100 / year | $60,600 / year | $65,100 / year | $69,600 / year | $74,100 / year |
| 50% AMI for PBRA Units | $39,300 / year | $44,900 / year | $50,500 / year | $56,100 / year | $60,600 / year | $65,100 / year | $69,600 / year | $74,100 / year |
| 60% AMI for LIHTC Units | $47,160 / year | $53,880 / year | $60,600 / year | $67,320 / year | $72,720 / year | $78,120 / year | $83,520 / year | $88,920 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
In addition to Central Towers Apartments, how many other affordable housing properties (and units) are there in Albany?
In addition to Central Towers Apartments, we list 51 other affordable properties in Albany. Learn about these properties here. Our data research shows that there are a total of 4484 affordable units in Albany.
When was the Central Towers Apartments listing last updated?
Central Towers Apartments listing on Affordable Housing Online was last updated on 01/03/2023 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.
Search local listings for available Section 8 apartments.
Apartments and homes listed for rent locally may accept a Section 8 voucher, even if the listing doesn't mention the program.Shirley Toran says:
"Affordable Housing Online is very good at keeping me informed on new and future dates for waiting list applications."