Arbor Hill Homes in Albany, NY

  • Arbor Hill Homes
  • 70 Lark St, Albany, NY 12210
  • (518) 641-7500

Features

  • Rent: Call for Rents
  • Baths: -
  • Beds: Floorplan Info Upon Request
  • SqFt: -

Amenities

  • Refrigerator
  • Trash Included
  • Stove

Income Qualification

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.

About

54 townhouse-style rental apartments on scattered sites planned and designed in accordance with guidelines set forth in the Arbor Hill Neighborhood Plan. The project was developed using a mixed-finance approach with HUD HOPE VI funding and private equity from a 9% low-income housing tax credit allocation from NYS Division of Housing and Community Renewal. The units were completed and fully occupied in September 2007. The project is recipient of the New York State Association for Affordable Housing (NYSAFAH) 2007 Project of the Year Award.

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