Eligibility for Drake Manor

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 Drake Manor.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $23,600 $26,950 $30,300 $33,650 $36,350 $40,280 $45,420 $50,560
50% $39,300 $44,900 $50,500 $56,100 $60,600 $65,100 $69,600 $74,100
80% $62,850 $71,800 $80,800 $89,750 $96,950 $104,150 $111,300 $118,500

Drake Manor Details

  • 20 bedroom units.
  • Section 202 Supportive Housing for the Elderly
Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

Nearby Low Income Apartment Communities like Drake Manor

Livingston School Apartments

315 Northern Blvd
Albany, New York
Rent Assisted
HOME
LIHTC
$620-940
Studio-2 BR

Skyline Gardens Apartments

123 Livingston Ave., E7
Albany, New York
Subsidized
Rent Assisted
S236
LIHTC
RAD
1 BR

Station 25

25 Delaware Ave
Albany, New York
Rent Assisted
LIHTC
1 BR

Robinson Square Apartments

325 Hamilton St
Albany, New York
Subsidized
PBRA
BMIR
Call For Rent
1-4 BR