Affordable Housing Hub
Low Income (LIHTC)Waitlist Open

De Paul Residence

504 Central Ave Apt 5, Albany, NY, 12206

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

De Paul Residence offers 51 units in Albany, NY, including 26 low-income studio apartments. The property has been in service since 1993 and receives 9% Low-Income Housing Tax Credit financing along with CDBG funding support. This development provides affordable housing options for eligible residents in Albany County.

Waitlist Information

Waitlist managed by Albany Housing Authority

Public Housing Waitlist
Open
Apply: Online

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.

Last verified February 6, 2026
Section 8 (HCV) Waitlist
Closed

The Albany Housing Authority is not currently accepting applications for the Housing Choice Voucher Program (Section 8).

Last verified February 6, 2026

Waitlist data provided by section8waitlist.org

Updated April 18, 2026

Property Details

Total Units
51
Studio
26

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.

BedroomsFMR
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.

1 Person
Extremely Low (30%)
$20,100
Very Low (50%)
$33,500
Low (80%)
$53,550
2 Persons
Extremely Low (30%)
$23,000
Very Low (50%)
$38,250
Low (80%)
$61,200
3 Persons
Extremely Low (30%)
$25,850
Very Low (50%)
$43,050
Low (80%)
$68,850
4 Persons
Extremely Low (30%)
$28,700
Very Low (50%)
$47,800
Low (80%)
$76,500
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$51,650
Low (80%)
$82,650
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$55,450
Low (80%)
$88,750
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$59,300
Low (80%)
$94,900
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$63,100
Low (80%)
$101,000

Tax Credit Program Details

Year Placed in Service
1993
LIHTC Credit Type
9%
Low-Income Units
26 / 51
Target Population
UNSPECIFIED
Funding Programs
CDBG

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 De Paul Residence is typically 30% of household income or less.

What size apartments are available at De Paul Residence?+

De Paul Residence offers the following unit types: 26 Studio units, for a total of 51 units.

Who manages De Paul Residence?+

De Paul Residence is managed by . You can reach them at . Visit their website for more information.

Who is eligible to live at De Paul Residence?+

De Paul Residence primarily serves UNSPECIFIED. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

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.

How do I apply for housing at De Paul Residence?+

De Paul Residence 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.

Is there a waitlist for De Paul Residence?+

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.

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Walk Score

Very Walkable

86
Walk
58
Transit
72
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Albany County, NY

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