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 Albany but actual income limits may differ for units at Hudson Malone Towers.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $14,580 | $19,720 | $24,860 | $30,000 | $35,140 | $38,250 | $40,900 | $43,500 |
50% | $23,100 | $26,400 | $29,700 | $32,950 | $35,600 | $38,250 | $40,900 | $43,500 |
80% | $36,900 | $42,200 | $47,450 | $52,700 | $56,950 | $61,150 | $65,350 | $69,600 |
Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.