Description:
Description:
Albany Housing Authority is a public housing agency that helps provide decent and safe rental housing for eligible low-income families, the elderly, and persons with disabilities. Albany Housing Authority manages several funded programs and has a total of 20 subsidized affordable housing units for rental assistance. Albany Housing Authority administered a total of 68 Section 8 Vouchers. Albany Housing Authority currently has low rent units and Section 8 Voucher as its program type. Albany Housing Authority is located at 200 South Pearl St., Albany, NY, 12202 and serves the city of Albany. Income limits, fair market rents and rent rates vary with each agency. Please contact Albany Housing Authority at, (518)641-7500 for more information about coverage area and program availability.
For over forty years, Albany Housing Authority has been providing rental housing for very low, low, and moderate income households in the city of Albany. The agency owns and operates 1,800 public housing units, administers an ongoing public housing rehabilitation program averaging $2.5 million annually, and administers a Section 8 program that provides assistance on behalf of 2,200 households in the city of Albany. In the past five years, AHA has undertaken multifamily housing initiatives using various financing sources, including federal HOPE VI funds, tax exempt bonds, Low Income Housing Tax Credit equity, New York State financing, and Federal Home Loan Bank funds. Through the federal HOPE VI Program, AHA has demolished an obsolete 292-unit public housing project in North Albany, developed 160 new units on the same site, and is now completing the development of 169 replacement units offsite through acquisition or new construction. In doing so, in 2003 AHA acquired a 92 unit, ten year old “market rate” development; of which 56 units are public housing and the 42-unit balance is market rate; 79 more residential units and 7 commercial storefronts are being completed using, in part, equity from 9% and 4% credit awards. In 2001, AHA completed the acquisition and $13 million rehabilitation of a failed 250- unit HUD Section 236 project, and dedensified the project into a healthy 145-unit family development.
Current Status | Active |
Size of Albany Housing Authority compared nationally | Large |
Last Updated | 04/12/2014 |
Total Numbers of Communities | 1 |
Total numbers of Administered Section 8 Voucher | 68 |
Total numbers of Administered Public Housing Units | 20 |
Waiting list for the Albany Housing Authority is currently | Open |
Fair Market Rents are HUD's determination of the average rents in a particular area for each bedroom size. The FMRs are set each year based on the rental rates of unsubsidized units so that participants in HUD programs have equal access for affordable housing. Here are the Fair Market Rents for Albany County, NY:
Rensselaer Housing Authority
Rensselaer NY
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NYS Housing Trust Fund Corporation
Albany NY
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Watervliet Housing Authority
Watervliet NY
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Village of Green Island Housing & Section 8
Green Island NY
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Troy Housing Authority (THA)
Troy NY
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Population: | 308,171 |
Persons Per Household: | 2.35 |
Housing Units in Multi-units Structure: | 43% |
Homeownership Rate: | 59.3% |
Housing Units: | 137,608 |
Yearly Income Per Person: | $32,328 |
Median Household Income: | $59,394 |
Please enter your MONTHLY gross income
(income before taxes...numbers only)
on your rent mortgage each month Why ?