The Trails at Malone

166 Falling Leaf Dr., Malone, New York 12953

The Trails at Malone is a beautiful community in up-state New York that offers peace and privacy. Everyday conveniences such as groceries, restaurants, and shopping are just a few minutes away making this the perfect home for those who feel like there's never enough time in the day to get everything done!

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 576 Call for Price
Two Bedroom (2/1) 912 Call for Price
Three Bedroom (3/2) 1203 Call for Price

Eligibility for The Trails at Malone

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 Malone but actual income limits may differ for units at The Trails at Malone.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
30% $17,050 $19,720 $24,860 $30,000 $35,140 $40,280
50% $28,450 $32,500 $36,550 $40,600 $43,850 $47,100
80% $45,500 $52,000 $58,500 $64,950 $70,150 $75,350

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 Malone but actual income limits may differ for units at The Trails at Malone.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $28,450 $32,500 $36,550 $40,600 $43,850 $47,100
Low Income (60%) $34,140 $39,000 $43,860 $48,720 $52,620 $56,520

The Trails at Malone Details

  • 128 one, two and three bedroom units.
  • Section 236
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Community Room
  • 24hr Emergency Maintenance
  • Online Payments Accepted
  • Sport Court
  • On-Site Laundry

Unit Amenities

  • Utilities Included
  • Storage
  • Private Patios

Nearby Amenities

  • Near Park

Office Hours

Day Hours
Monday 9:00am-5:00pm
Tuesday 9:00am-5:00pm
Wednesday 9:00am-5:00pm
Thursday 9:00am-5:00pm
Friday 9:00am-5:00pm
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.

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.

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