Knox Street Apartments

137 Knox St, Albany, New York 12208

Contact Knox Street Apartments

Located in the heart of Albany, NY, Knox Street Apartments offers one, two and three bedroom apartment homes in an affordable urban lifestyle.

Live conveniently within walking distance to Albany Medical Center Hospital, Stratton VA Medical Center, as well as great shopping and dining. Relax in our comfortable community room, enjoy our playground or take a stroll through the historic brownstone neighborhoods of nearby Washington Park, Center Square and Park South.

Knox Street Apartments also offers commercial space. Call for details!

Eligibility for Knox Street Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Albany but actual income limits may differ for units at Knox Street Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$39,300	$44,900	$50,500	$56,100	$60,600	$65,100	$69,600	$74,100
Low Income (60%)	$47,160	$53,880	$60,600	$67,320	$72,720	$78,120	$83,520	$88,920

Knox Street Apartments Details

47 bedroom units.
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program
Section 8 Project-Based Voucher (PBV)

Property Amenities

Community Room
24hr Emergency Maintenance
Online Payments Accepted
Downtown Location
On-Site Laundry

Unit Amenities

Central Air
Walk-in Closet(s)
Fully Equipped Kitchen

Nearby Amenities

Close to Public Transportation

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.