Alberta Place

64 Amsterdam Avenue, Amherst, New York 14226

Contact Alberta Place

Alberta Place is an affordable apartment community for residents aged 55+ that offers 1- and 2-bedroom units. This community was recently build and offers many amenities including a community room, resident lounges, on-site laundry facilities, and a computer room.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price
Two Bedroom (2/1)	-	Call for Price

Eligibility for Alberta Place

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 Amherst but actual income limits may differ for units at Alberta Place.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$32,500	$37,150	$41,800	$46,400
Low Income (60%)	$39,000	$44,580	$50,160	$55,680

Alberta Place Details

46 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program

Property Amenities

Community Room
On-Site Manager
24hr Emergency Maintenance
Energy Star Appliances
Laundry Facilities
Computer Room
Resident Lounge

Unit Amenities

Air Conditioning

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.