Affordable Housing In Green Island
Albany County, New York

2 Low Income Apartment Communities In Green Island

Rivers Edge Apartments

100 Center Island Cir
Green Island, New York
Accepts Vouchers

Green Island Senior Housing

119 George St
Green Island, New York
Accepts Vouchers
  • «
  • 1
  • »

Housing Authorities that serve Green Island

Housing Authority Programs
Village of Green Island Housing Choice Voucher Program Office Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency

Guide To Affordable Housing in Green Island, New York

There are 2 low income housing apartment communities offering 141 affordable apartments for rent in Green Island, New York.

Income Based Apartments in Green Island, New York

Green Island features 0 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Green Island, New York

There are 141 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Green Island.

Housing Choice Vouchers in Green Island, New York

On average, Section 8 Housing Choice vouchers pay Green Island landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Green Island.

The maximum amount a voucher would pay on behalf of a low-income tenant in Green Island, New York for a two-bedroom apartment is between $949 and $1,159.

2020 Green Island, New York Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $747 $855 $1,054 $1,313 $1,428
Payment Standard Range $672 to $822 $770 to $941 $949 to $1,159 $1,182 to $1,444 $1,285 to $1,571

Sourced from federal housing data and research.

Green Island, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 141
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters %
Average Renter Household Size 0.00
Average Household Size 0.00
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 0

Population and Household Demographics

Green Island is a City in Albany County, New York with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Green Island are renters.

Income and Rent Overburden in Green Island

The median gross income for households in Green Island is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Green Island

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Green Island, the AMI is calculated from all households within Albany County.

In Green Island, HUD calculates the Area Median Income for a family of four as $89,900

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Green Island

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Green Island

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $18,900 $21,600 $24,300 $26,950 $30,170 $34,590 $39,010 $43,430
50% of Median $31,500 $36,000 $40,500 $44,950 $48,550 $52,150 $55,750 $59,350
80% of Median $50,350 $57,550 $64,750 $71,900 $77,700 $83,450 $89,200 $94,950