About This Property
Martin Luther King Revitalization Ph 1 offers 46 affordable residential units in Troy, NY, comprising 41 low-income apartments placed in service in 2018. The property includes 12 two-bedroom, 27 three-bedroom, and 7 four-bedroom units designed to serve families and homeless populations. The development utilizes 9% Low-Income Housing Tax Credits to support its operation.
Waitlist Information
Waitlist managed by Troy Housing Authority
Applications can be submitted online through the THA PORTAL, by printing and emailing, or in-person at any THA location. Households must be at or below the Very Low Income Limit (50% of Area Median Income).
The Section 8 waitlist is currently closed to new applications.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Rensselaer County, NY
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,011 |
| 1 Bedroom | $1,131 |
| 2 Bedroom | $1,374 |
| 3 Bedroom | $1,661 |
| 4 Bedroom | $1,830 |
Income Limits - Rensselaer County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $20,100
- Very Low (50%)
- $33,500
- Low (80%)
- $53,550
- Extremely Low (30%)
- $23,000
- Very Low (50%)
- $38,250
- Low (80%)
- $61,200
- Extremely Low (30%)
- $25,850
- Very Low (50%)
- $43,050
- Low (80%)
- $68,850
- Extremely Low (30%)
- $28,700
- Very Low (50%)
- $47,800
- Low (80%)
- $76,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $51,650
- Low (80%)
- $82,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $55,450
- Low (80%)
- $88,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $59,300
- Low (80%)
- $94,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $63,100
- Low (80%)
- $101,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $20,100 | $33,500 | $53,550 |
| 2 Persons | $23,000 | $38,250 | $61,200 |
| 3 Persons | $25,850 | $43,050 | $68,850 |
| 4 Persons | $28,700 | $47,800 | $76,500 |
| 5 Persons | $31,040 | $51,650 | $82,650 |
| 6 Persons | $35,580 | $55,450 | $88,750 |
| 7 Persons | $40,120 | $59,300 | $94,900 |
| 8 Persons | $44,660 | $63,100 | $101,000 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Troy, NY?+
The Fair Market Rent (FMR) for Rensselaer County, NY is: $1011 (Studio), $1131 (1BR), $1374 (2BR), $1661 (3BR), $1830 (4BR). Actual rent at subsidized properties like Martin Luther King Revitalization Ph 1 is typically 30% of household income or less.
What size apartments are available at Martin Luther King Revitalization Ph 1?+
Martin Luther King Revitalization Ph 1 offers the following unit types: 12 Two-Bedroom, 27 Three-Bedroom, 7 Four-Bedroom units, for a total of 46 units.
What are the income limits for affordable housing in Rensselaer County, NY?+
For a 4-person household in Rensselaer County, NY, the income limits are: Extremely Low Income (30% AMI): $28,700, Very Low Income (50% AMI): $47,800, Low Income (80% AMI): $76,500. These limits are set by HUD and updated annually.
How do I apply for housing at Martin Luther King Revitalization Ph 1?+
Martin Luther King Revitalization Ph 1 is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What is the price range for apartments in Troy, NY?+
Based on Fair Market Rent for Rensselaer County, the estimated price range is: 2-bedroom: $1374, 3-bedroom: $1661. Actual rent at Martin Luther King Revitalization Ph 1 may be lower for income-eligible households.
Who is eligible to live at Martin Luther King Revitalization Ph 1?+
Martin Luther King Revitalization Ph 1 primarily serves families, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Martin Luther King Revitalization Ph 1?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Martin Luther King Revitalization Ph 1?+
Martin Luther King Revitalization Ph 1 is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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