599 RIVER ST, Troy, NY 12180
Waiting List Forecast: Open Until Further Notice
Verified for 2023 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $787 - 826 per Month† | 1 Bed | 1 Bath | 685 Sq Ft |
Rental Assistance Demonstration (RAD) | Waiting List
The Troy Housing Authority (THA) waiting list for RAD/Section 8 Project-Based Voucher apartments at Corliss Park, Fallon Apartments, Grand Street Apartments, Griswold Heights, Martin Luther, King Apartments, Phelan Court, Sweeney Apartments, Taylor Apartments is currently open. Applications are being accepted since at least May, 2020, until further notice.
To apply during the opening period, print the application that is available online. Scroll down to the "PRE-APPLICATION FORM" section, and select the "Pre-App for All RAD Sites" link.
Once the application has been completed, it must be either:
This waiting list has the following preferences:
For more information, visit the THA How to Apply page, or the THA website.
Go to the public housing authority page for this waiting list >>
Tapestry on the Hudson offers Troy a living option that feels like a true extension of the surrounding neighborhood. As a Green, service oriented community with unmatched features and amenities, Tapestry on the Hudson offers residents a distinctive place to call home. Our valued residents will have the opportunity to live in beautiful newly remodeled one and two bedroom apartment homes. Their unique apartment homes offer a combination of modern and green-focused features that redefine sustainable living in Troy. Their residents have green-focused features that ensure energy systems are operating optimally so residents continue to reap the benefits over time and lower their carbon footprints.
Contact their professional leasing staff today and find out how you can take advantage of living adjacent to the gorgeous Hudson River!
Pets - Max 1 allowed, Max weight 35 lb each, Deposit $100.00
Project-Based Vouchers
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 Tapestry on the Hudson 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. 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 |
|---|---|---|
| 1 Bedroom (1/1) | 685ft2 | $787 $826† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $23,600 / year | $26,950 / year | $30,300 / year | $33,650 / year | $36,350 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 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 |
| 80% AMI for PBRA Units | $62,850 / year | $71,800 / year | $80,800 / year | $89,750 / year | $96,950 / year | $104,150 / year | $111,300 / year | $118,500 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Tapestry on the Hudson have a waiting list?
Tapestry on the Hudson has a waiting list. See above for waiting list details.
Are rents subsidized at Tapestry on the Hudson?
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 Tapestry on the Hudson?
Tapestry on the Hudson is managed by The Community Builders, Inc. headquartered in Boston
In addition to Tapestry on the Hudson, how many other affordable housing properties (and units) are there in Troy?
In addition to Tapestry on the Hudson, we list 26 other affordable properties in Troy. Learn about these properties here. Our data research shows that there are a total of 2128 affordable units in Troy.
When was the Tapestry on the Hudson listing last updated?
Tapestry on the Hudson listing on Affordable Housing Online was last updated on 01/01/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
You can still apply to online applications without internet access.
If you don't have internet access, go to a local public library that has devices with an online connection.Candice Bishop says:
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