30 Morton Ave, Albany, NY 12202
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley, Joshua CappellRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 1 - 2 Beds | 1 Bath | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Phase II of the South End Revitalization Project, resulted in 43 additional housing units. Phase II is a mix of new construction and rehab work on scattered sites. There are nine lease-to-own units, three bedroom single family homes that have been constructed on Catherine, Clinton and Broad Streets and 34 one and two bedroom apartments that have been rehabbed or built along Morton Avenue. Phase II was completed in 2011.
Because South End Phase II participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom One Bath (1/1) | - | Call for Price† |
Two Bedroom One Bath (2/1) | - | Call for Price† |
AMI* | 1 person | 2 people | 3 people | 4 people |
---|---|---|---|---|
30% AMI for PBRA Units | $23,600 / year | $26,950 / year | $30,300 / year | $33,650 / year |
50% AMI for LIHTC Units | $39,300 / year | $44,900 / year | $50,500 / year | $56,100 / year |
50% AMI for PBRA Units | $39,300 / year | $44,900 / year | $50,500 / year | $56,100 / year |
60% AMI for LIHTC Units | $47,160 / year | $53,880 / year | $60,600 / year | $67,320 / year |
80% AMI for PBRA Units | $62,850 / year | $71,800 / year | $80,800 / year | $89,750 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does South End Phase II have a waiting list?
South End Phase II probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at South End Phase II?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
In addition to South End Phase II, how many other affordable housing properties (and units) are there in Albany?
In addition to South End Phase II, we list 51 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.Hisini Davis says:
"I love Affordable Housing Online, it shows me what's open and also when waiting lists close."