Academy Place LIHTCPB Section 8§202 Senior Gowanda, NY
Profile last updated · Data vintage: HUD FY2025
Academy Place is a Section 202 PRAC (Senior Housing) community in Gowanda, NY with 21 units reporting 95% occupancy. Assisted residents pay about $425/month on average.
21
total units
95%
occupancy
$425
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Section 202 PRAC (Senior Housing), Low-Income Housing Tax Credit (LIHTC), Project-Based Section 8 |
|---|---|
| Address | 1 School St, Gowanda, NY 14070 Map → |
| Average household income | $17,629/yr |
| Average personal income | $16,160/yr |
| People per unit | 1.1 |
| Moved in within last year | 14% |
| Households below 30% AMI | 68% |
| Households below 50% AMI | 100% |
| One-bedroom share | 100% |
How to apply at Academy Place
LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
- Call or visit the management office at 1 School St, Gowanda; ask if the waitlist is open and request an application.
- Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
- Claim eligible preferences (homelessness, veteran, local residency) with documentation.
- Respond fast to interview letters; verify rent expectations against your budget (~$425/mo average here).
← All subsidized housing in Gowanda
Frequently asked questions
What kind of subsidy does Academy Place have?
Section 202 PRAC (Senior Housing); Low-Income Housing Tax Credit (LIHTC); Project-Based Section 8. LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Academy Place?
Residents report average rents near $425/month in HUD administrative data. Under most federal programs you pay roughly 30% of adjusted income — your actual amount depends on household income and unit size.
How do I apply at Academy Place?
Contact the management office at 1 School St in Gowanda. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.