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Summit Towers

720 Albany St, Schenectady, New York 12307

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Summit Towers Details

  • 185 bedroom units.
  • Section 8 Project-Based Rental Assistance

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.

Schenectady HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Schenectady but actual income limits may differ for units at Summit Towers.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $20,400 $23,300 $26,200 $29,100 $31,450 $35,160 $39,640 $44,120
50% $33,950 $38,800 $43,650 $48,500 $52,400 $56,300 $60,150 $64,050
80% $54,350 $62,100 $69,850 $77,600 $83,850 $90,050 $96,250 $102,450

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