Description:
Description:
NYS Housing Trust Fund Corporation is a public housing agency that helps provide decent and safe rental housing for eligible low-income families, the elderly, and persons with disabilities. NYS Housing Trust Fund Corporation manages several funded programs and has a total of 60 subsidized affordable housing units for rental assistance. NYS Housing Trust Fund Corporation administered a total of 46,381 Section 8 Vouchers. NYS Housing Trust Fund Corporation currently has Section 8 as its program type. NYS Housing Trust Fund Corporation is located at 38-40 State St., 4th Fl. North, Albany, NY, 12207 and serves the city of Albany. Income limits, fair market rents and rent rates vary with each agency. Please contact NYS Housing Trust Fund Corporation at, (212) 480-6460 for more information about coverage area and program availability.
The Housing Trust Fund Corporation (HTFC or the Corporation) was established by Chapter 67 of the Laws of 1985, specifically under Section 45-a of the Private Housing Finance Law (PHFL), as a subsidiary public benefit corporation of the New York State Housing Finance Agency (HFA). The Law conferred a number of privileges, tax exemptions and powers to HTFC including the authority to contract with the Division of Housing and Community Renewal (DHCR) to administer the Corporation's activities. HTFC was also authorized, among other things, to create its own by-laws for the management of its affairs, make and execute its own contracts, engage the services of consultants for professional and technical assistance services, and determine policies for the investment of its funds.
The mission of the Corporation, as originally established under Section 45-a and Article18 of the PHFL, was to create decent affordable housing for persons of low-income by providing loans and grants for the rehabilitation of existing housing or the construction of new housing under the Low-Income Housing Trust Fund Program. This mission has reinforced since then by the adding many State and Federal programs to HTFC's portfolio.
Current Status | Active |
Size of NYS Housing Trust Fund Corporation compared nationally | Large |
Last Updated | 11/29/2014 |
Total Numbers of Communities | N/A |
Total numbers of Administered Section 8 Voucher | 46,381 |
Total numbers of Administered Public Housing Units | N/A |
Waiting list for the NYS Housing Trust Fund Corporation 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:
Albany Housing Authority
Albany NY
|
Rensselaer Housing Authority
Rensselaer NY
|
Watervliet Housing Authority
Watervliet NY
|
Village of Green Island Housing & Section 8
Green Island NY
|
Troy Housing Authority (THA)
Troy NY
|
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 ?