Diamond Rock Terrace

11 Gurley Ave, Troy, New York 12182

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Diamond Rock Terrace is managed by Vesta Corporation.

Built in 1998, Diamond Rock Terrace Senior Apartments provide comfort and style while offering an affordable alternative for active seniors with moderate incomes. Nestled into the hillside overlooking the Hudson River, Diamond Rock Terrace provides a variety of amenities and activities to go with the beautiful surroundings. With a robust calendar of events that includes movie nights, bingo, and weekly outings, residents are encouraged to stay active and be engaged in community life. 

One- and two-bedroom floor plans provide the option for either cozy living area or a more spacious unit that may include a den. There is no need to look for appliances as everything is already set up for you in your new home. Once you take the tour, you will fall in love with everything Diamond Rock Terrace has to offer.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 623 Call for Price
Two Bedroom (2/1) 834 Call for Price

Eligibility for Diamond Rock Terrace

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 Troy but actual income limits may differ for units at Diamond Rock Terrace.

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

Diamond Rock Terrace Details

  • 36 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Fitness Center
  • Many Activities
  • Community Room
  • On-Site Manager
  • On-Site Parking
  • On-Site Maintenance
  • Community Garden
  • Laundry Facilities
  • 24 Hour Maintenance
  • Game Room

Unit Amenities

  • Cable Ready
  • Utilities Included
  • Fully Equipped Kitchen
  • Large Closets
  • Wall-to-Wall Carpeting

Office Hours

Day Hours
Monday 8:00am-4:00pm
Tuesday 8:00am-4:00pm
Wednesday 8:00am-4:00pm
Thursday 8:00am-4:00pm
Friday 8:00am-4:00pm
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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