About This Property
River's Edge Apts comprises 128 units in Green Island, NY, with 38 units designated as low-income housing. The property, placed in service in 2003, includes a mix of 14 one-bedroom, 16 two-bedroom, and 8 three-bedroom units that serve families. Funding for the development includes tax-exempt bonds and 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Village of Green Island
Families with children, elderly applicants, and disabled individuals may receive priority placement. The most recent status change was on May 10, 2026, when the list changed from "unknown" to "closed".
Preferences included Village of Green Island residents, Near-Elderly (50+), Disabled, Displaced by natural disaster or government action, Working, and those enrolled in training or Family Self-Sufficiency programs. Families were assisted before non-elderly singles, and near-elderly single heads of household (ages 25-59) had preference before other non-elderly singles. Applications were accepted on a first-come, first-served basis until 50 completed and approved applications were received.
Waitlist data provided by section8waitlist.org
Updated May 28, 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Green Island, 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 River'S Edge Apts is typically 30% of household income or less.
What size apartments are available at River'S Edge Apts?+
River'S Edge Apts offers the following unit types: 14 One-Bedroom, 16 Two-Bedroom, 8 Three-Bedroom units, for a total of 128 units.
Who manages River'S Edge Apts?+
River'S Edge Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Green Island, 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 River'S Edge Apts may be lower for income-eligible households.
Who is eligible to live at River'S Edge Apts?+
River'S Edge Apts primarily serves families. 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.
Is there a waitlist for River'S Edge Apts?+
Public Housing waitlist is currently Closed. 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.
How do I apply for housing at River'S Edge Apts?+
River'S Edge Apts 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.
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