North Albany Homes is managed by Albany Housing Authority.
This site is a 160 unit family development. This site was demolished and rebuilt with -a HOPE VI Grant and is a LIHTC mixed finance site constructed around 2003. North Albany Homes is a 160 unit property on 16 acres in North Albany off of Lawn Avenue and First Street. The property consists of 80 well maintained duplexes. Unit sizes range from 1-4 bedroom units with 1 to 2 full size bathrooms. Layouts include single floor flats and two story units. Upgraded amenities include personal driveways, central air, dishwashers, oversized closets, washer and dryer hookups, covered front porches and private front and back yard spaces. All bedrooms are cable ready. The property is well manicured and resembles a park like setting. All streets throughout the development have sidewalks which are handicapped accessible. Tenants in North Albany have access to a Community Room for family functions and other gatherings. The building is equipped with a full kitchen, two outdoor patios and enough space to comfortably fit 50-75 people. The development is within close proximity to shopping and entertainment.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom One Bath (1/1) | - | Call for Price |
Two Bedroom One Bath (2/1) | - | Call for Price |
Three Bedroom Two Bath (3/2) | - | Call for Price |
Four Bedroom Two Bath (4/2) | - | Call for Price |
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 North Albany Homes.
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 |
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.