About This Property
Martin Luther King Revitalization Ph 1 comprises 46 units in Troy, NY, with 41 designated as low-income housing. The property includes 12 two-bedroom, 27 three-bedroom, and 7 four-bedroom units and has been in service since 2018. This development serves families and homeless individuals through 9% Low-Income Housing Tax Credit financing.
Waitlist Information
Waitlist managed by Troy Housing Authority
Applications can be submitted online through the THA PORTAL, by printing and emailing, or in-person at any THA location. Generally, households must be at or below the Very Low Income Limit (50% of Area Median Income).
The Housing Choice Voucher Program waiting list is currently closed to new applications.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Rensselaer 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 - Rensselaer 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 Troy, NY?+
The Fair Market Rent (FMR) for Rensselaer County, NY is: $1011 (Studio), $1131 (1BR), $1374 (2BR), $1661 (3BR), $1830 (4BR). Actual rent at subsidized properties like Martin Luther King Revitalization Ph 1 is typically 30% of household income or less.
What size apartments are available at Martin Luther King Revitalization Ph 1?+
Martin Luther King Revitalization Ph 1 offers the following unit types: 12 Two-Bedroom, 27 Three-Bedroom, 7 Four-Bedroom units, for a total of 46 units.
Who manages Martin Luther King Revitalization Ph 1?+
Martin Luther King Revitalization Ph 1 is managed by . You can reach them at .
Who is eligible to live at Martin Luther King Revitalization Ph 1?+
Martin Luther King Revitalization Ph 1 primarily serves families, formerly homeless individuals. 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 Martin Luther King Revitalization Ph 1?+
Martin Luther King Revitalization Ph 1 is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Martin Luther King Revitalization Ph 1?+
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 Troy, NY?+
Based on Fair Market Rent for Rensselaer County, the estimated price range is: 2-bedroom: $1374, 3-bedroom: $1661. Actual rent at Martin Luther King Revitalization Ph 1 may be lower for income-eligible households.
What are the income limits for affordable housing in Rensselaer County, NY?+
For a 4-person household in Rensselaer 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.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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