| AMI* | 1 person | 2 person | 3 person | 4 person | 5 person | 6 person | 7 person | 8 person |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $23,600 / year | $26,950 / year | $30,300 / year | $33,650 / year | $36,350 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $39,300 / year | $44,900 / year | $50,500 / year | $56,100 / year | $60,600 / year | $65,100 / year | $69,600 / year | $74,100 / year |
| 50% AMI for PBRA Units | $39,300 / year | $44,900 / year | $50,500 / year | $56,100 / year | $60,600 / year | $65,100 / year | $69,600 / year | $74,100 / year |
| 80% AMI for PBRA Units | $62,850 / year | $71,800 / year | $80,800 / year | $89,750 / year | $96,950 / year | $104,150 / year | $111,300 / year | $118,500 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
In 2003, AHA used $5 million in HOPE VI funds to acquire a 92 unit, market-rate development known as Nutgrove Garden Apartments. The acquisition was part of the North Albany HOPE VI replacement housing units. 46 units are rented at market-rate rents and 56 units are earmarked for low-income families.
View More
