About This Property
Corning Homes Hope Vi comprises 160 low-income rental units in Albany, NY, serving families and disabled residents. The property includes a mix of unit sizes ranging from one to four bedrooms, with 80 two-bedroom units, 55 three-bedroom units, 16 four-bedroom units, and 9 one-bedroom units. The development was placed in service in 2002 and utilizes 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Albany Housing Authority
Currently only accepting applications for one and two-bedroom apartments at Public Housing sites. Preference for working families, or those unable to work due to age or disability AND who live or work in the City of Albany, NY.
The Albany Housing Authority is not currently accepting applications for the Housing Choice Voucher Program (Section 8).
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Albany 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 - Albany 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Albany, NY?+
The Fair Market Rent (FMR) for Albany County, NY is: $1011 (Studio), $1131 (1BR), $1374 (2BR), $1661 (3BR), $1830 (4BR). Actual rent at subsidized properties like Corning Homes Hope Vi is typically 30% of household income or less.
What size apartments are available at Corning Homes Hope Vi?+
Corning Homes Hope Vi offers the following unit types: 9 One-Bedroom, 80 Two-Bedroom, 55 Three-Bedroom, 16 Four-Bedroom units, for a total of 160 units.
What are the income limits for affordable housing in Albany County, NY?+
For a 4-person household in Albany 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.
Is there a waitlist for Corning Homes Hope Vi?+
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.
What is the price range for apartments in Albany, NY?+
Based on Fair Market Rent for Albany County, the estimated price range is: 1-bedroom: $1131, 2-bedroom: $1374, 3-bedroom: $1661. Actual rent at Corning Homes Hope Vi may be lower for income-eligible households.
Who manages Corning Homes Hope Vi?+
Corning Homes Hope Vi is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Corning Homes Hope Vi?+
Corning Homes Hope Vi primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Corning Homes Hope Vi?+
Corning Homes Hope Vi 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Corning Homes Hope Vi
Robert Whalen Homes
Albany, NY
1 UnitsArbor Hill Redevelopment
Albany, NY
54 Units
Ida Yarbrough Homes
Albany, NY
2 UnitsLv Apartments Lp
Albany, NY
103 Units
Ida Yarbrough Phase Ii
Albany, NY
62 UnitsDudley Park Apts
Albany, NY
140 Units