Station 25 is managed by Conifer Realty, LLC.
Located in the historic city of Albany, Station 25 offers affordable 1-bedroom and 2-bedroom apartment homes. Each unit features spacious floor plans, oversized bathrooms, washer and dryer hookups, luxury plank flooring, and modern finishes. Property amenities include a beautiful great room for gatherings and a fitness center outfitted with ample equipment.
Station 25 is located in the Park South neighborhood and has direct access to public transportation with a bus stop directly in front of the community. With many restaurants, shops, banks, and businesses close by, Station 25 offers a convenient location for everyone!
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 736-741 | From $513 To $1,108 |
Two Bedroom (2/1) | 962-970 | From $620 To $1,336 |
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 Station 25.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $39,300 | $44,900 | $50,500 | $56,100 |
Low Income (60%) | $47,160 | $53,880 | $60,600 | $67,320 |
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.