Monument Square Apartments

2 1st St, Troy, New York 12180

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Eligibility for Monument Square 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 Troy but actual income limits may differ for units at Monument Square Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$23,600	$26,950	$30,300	$33,650	$36,350	$40,280	$45,420	$50,560
50%	$39,300	$44,900	$50,500	$56,100	$60,600	$65,100	$69,600	$74,100
80%	$62,850	$71,800	$80,800	$89,750	$96,950	$104,150	$111,300	$118,500

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 Monument Square Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$39,300	$44,900	$50,500	$56,100	$60,600	$65,100	$69,600	$74,100

Monument Square Apartments Details

94 bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Section 221 (d) (3)

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.