251 E Main St, Amsterdam, NY 12010
Waiting List Forecast: Likely Short or None
Verified for 2024 by Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $372 - 785 per Month† | 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.
Veddersburg Apartments offer affordable 1-bedroom and 2-bedroom apartment homes in Amsterdam, NY. Each unit features a fully equipped kitchen, a wall-mounted flat screen TV, and in-unit storage. All utilities are included in rent. Property amenities include a community room, resident lounges, computer lab, on-site laundry facilities, and off-street parking. Veddersburg Apartments are centrally located in a residential area in close proximity to many local amenities such as grocery shopping, schools, places of worship, medical care, banks, libraries, government agencies and general shopping.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Veddersburg Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, 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 (1/1) | - | $372 $650† |
| Two Bedroom (2/1) | - | $785† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $17,050 / year | $19,720 / year | $24,860 / year | $30,000 / year |
| 50% AMI for LIHTC Units | $28,450 / year | $32,500 / year | $36,550 / year | $40,600 / year |
| 50% AMI for PBRA Units | $28,450 / year | $32,500 / year | $36,550 / year | $40,600 / year |
| 60% AMI for LIHTC Units | $34,140 / year | $39,000 / year | $43,860 / year | $48,720 / year |
| 80% AMI for PBRA Units | $45,500 / year | $52,000 / year | $58,500 / year | $64,950 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Veddersburg Apartments have a waiting list?
Veddersburg Apartments 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 Veddersburg Apartments?
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.
What property management company manges Veddersburg Apartments?
Veddersburg Apartments is managed by DePaul Housing Management headquartered in Albany, New York.
In addition to Veddersburg Apartments, how many other affordable housing properties (and units) are there in Amsterdam?
In addition to Veddersburg Apartments, we list 7 other affordable properties in Amsterdam. Learn about these properties here. Our data research shows that there are a total of 666 affordable units in Amsterdam.
When was the Veddersburg Apartments listing last updated?
Veddersburg Apartments listing on Affordable Housing Online was last updated on 07/05/2024 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.
1287 Midline Rd, Amsterdam, New York 12010
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