About This Property
Van Rensselaer Village Redevelopment comprises 81 units in Watervliet, NY, with 80 designated as low-income housing serving families. The property offers a mix of one- to four-bedroom floor plans: 28 one-bedroom, 33 two-bedroom, 15 three-bedroom, and 4 four-bedroom units. Placed in service in 2011, the development is non-profit owned and financed through 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Watervliet Housing Authority
Applications are for Michael J. Day, Abram Hilton, Daniel Quinn, Edwin Joslin, or the Hanratta Apartments. Priority is given to residents of Watervliet, then former residents. The length of the waitlist depends on family size. Applicants will receive a letter confirming their application is on the list and must respond annually to remain on the list.
Priority is given to residents of Watervliet, then former residents. The length of the waitlist depends on family size. Applicants will receive a letter confirming their application is on the list and must respond annually to remain on the list.
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 Watervliet, 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 Van Rensselaer Village Redevelopment is typically 30% of household income or less.
What size apartments are available at Van Rensselaer Village Redevelopment?+
Van Rensselaer Village Redevelopment offers the following unit types: 28 One-Bedroom, 33 Two-Bedroom, 15 Three-Bedroom, 4 Four-Bedroom units, for a total of 81 units.
What is the price range for apartments in Watervliet, 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 Van Rensselaer Village Redevelopment may be lower for income-eligible households.
Who manages Van Rensselaer Village Redevelopment?+
Van Rensselaer Village Redevelopment is managed by . You can reach them at . Visit their website for more information.
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 Van Rensselaer Village Redevelopment?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. 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 Van Rensselaer Village Redevelopment?+
Van Rensselaer Village Redevelopment 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.
Who is eligible to live at Van Rensselaer Village Redevelopment?+
Van Rensselaer Village Redevelopment primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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