South Mall Towers Albany

About This Building

Affordable Housing Option at South Mall Towers Albany in Albany, NY - Low-Income Housing Tax Credit Apartments If you are searching for an affordable housing option, consider South Mall Towers Albany. These rental apartments are supported by the LIHTC program, designed to provide housing for low income individuals. The program enforces specific rent and income restrictions, ensuring affordability for eligible applicants. - Incentivizing Affordable Housing The LIHTC program offers incentives to builders and developers to create housing options for low income persons. The maximum rent charged is determined based on the Area Median Income (AMI). However, it is important to note that the AMI may still make this apartment unaffordable for some low income individuals. We recommend checking the current rental rates to determine if this is a suitable option for you. - Large Low Income Apartment Community South Mall Towers Albany boasts a total of 322 low income apartments. Due to the high demand, it is not uncommon for there to be waiting lists for available units. - Contact and Apply We provide this listing to facilitate direct communication with South Mall Towers Albany. Contact them at the provided number to inquire about the application process and see if you qualify to become a resident. - Important Considerations When applying for this apartment, it is crucial to include and verify the income of all expected adult residents. For more detailed information, please call for additional details. - Available Apartment Types South Mall Towers Albany offers both 1 bedroom and 2 bedroom apartments. Choose the best option that suits your needs and affordability.