Northside Village, formerly known as Yates Village, underwent a multi-phase redevelopment in partnership with Schenectady Municipal Housing Authority (SMHA) and Duvernay + Brooks, LLC. The first phase of redevelopment rehabilitated 25 existing apartments and built 64 brand new ones, affordable at various income tiers. 39 of the apartments require a Project-Based Voucher, needing a referral from SMHA. Phase II brought an additional 211 newly-constructed apartments to the community. ALL Phase II applicants must be referred by the Schenectady Municipal Housing Authority.
A brand new community building has been constructed for resident use, consisting of a fitness center and resident lounge space. The new community building is also home to several resident service providers.
The community includes 1-, 2- and 3-bedroom apartment homes, and special needs units for those with mobility, hearing or visual impairments.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 896 | From $1,073 To $1,471 |
Two Bedroom One Half Bath (2/1.5) | 1050 | From $1,287 To $1,764 |
Two Bedroom One Bedroom (2/1) | 960 | From $1,287 To $1,764 |
Three Bedroom (3/1.5) | 1250-1257 | From $1,499 To $2,051 |
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 Schenectady but actual income limits may differ for units at Northside Village.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $39,300 | $44,900 | $50,500 | $56,100 | $60,600 | $65,100 |
Low Income (60%) | $47,160 | $53,880 | $60,600 | $67,320 | $72,720 | $78,120 |
Day | Hours |
---|---|
Monday | By Appointment |
Tuesday | 9:00am-4:00pm |
Thursday | 9:00am-4:00pm |
Friday | Closed |
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.