Hudson Terrace Apartments

15 N Front St, Hudson, New York 12534

Contact Hudson Terrace Apartments

Hudson Terrace Apartments is comprised of one, two and three bedroom apartment homes, spread over 5.5 acres of land with magnificent views of the Hudson River. The community was originally built in 1973 and underwent a complete rehabilitation in 2011, giving apartments all new bathrooms, kitchen appliances, cabinets and countertops.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Call for Price
2 Bedroom (2/1)	-	Call for Price
3 Bedroom (3/1)	-	Call for Price

Eligibility for Hudson Terrace Apartments

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 Hudson but actual income limits may differ for units at Hudson Terrace Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$19,750	$22,550	$25,350	$30,000	$35,140	$40,280
50%	$32,900	$37,600	$42,300	$46,950	$50,750	$54,500
80%	$52,600	$60,100	$67,600	$75,100	$81,150	$87,150

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 Hudson but actual income limits may differ for units at Hudson Terrace Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$32,900	$37,600	$42,300	$46,950	$50,750	$54,500
Low Income (60%)	$39,480	$45,120	$50,760	$56,340	$60,900	$65,400

Hudson Terrace Apartments Details

168 one, two and three bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)
Section 236

Property Amenities

Playground
On-Site Manager
24hr Emergency Maintenance
On-Site Parking
Resident Service Coordinator
Energy Star Appliances
On-Site Laundry

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.