400 Central Ave, Albany, NY 12206
Waiting List Forecast: Likely Long or Closed
Verified for 2023 by Joshua Cappell| 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 106 other affordable properties in Albany. Learn about these properties here. Our data research shows that there are a total of 5038 affordable units in Albany.
315 Northern Blvd, Albany, New York 12210
123 Livingston Ave., E7, Albany, New York 12207
Do you have little or no income?
Be aware that some housing assistance programs have a minimum income requirement, such as Low-Income Housing Tax Credit aparments.Lela Mima says:
"I love that this website lets you know where Section 8 will be open, and you have choices to pick where to apply. Thank you Affordable Housing Online!"