Low Income & Subsidized Housing in Troy, NY

There are 21 subsidized and income-restricted properties in Troy with roughly 1,087 assisted units — including 14 project-based Section 8 buildings, 0 public housing developments, and 15 LIHTC tax-credit communities, according to HUD administrative data. Reported tenant-paid rents across these buildings range from about $345 to $442 per month.

21
assisted properties
1,087
subsidized units
$394
typical rent
median wait

Complete directory of subsidized housing in Troy

PropertyUnitsAvg rentReported wait
John F Kennedy Towers Senior Housing LIHTCPB Section 8 135
O'neil Apartments LIHTCPB Section 8 114$365
Burns Apartments PB Section 8 99$384
Lansingburgh Apts PB Section 8 95$372
Monument Square Apts LIHTCPB Section 8 89$345
Diamond Rock Terrace LIHTC 81
Ninth Street Nsa Ii PB Section 8 80$442
Tapestry on the Hudson LIHTCPB Section 8 67
Martin Luther King Revitalization Ph 2 LIHTCPB Section 8 58
Hillside Views Neighborhood Revitalization LIHTCPB Section 8 51
Van Rensselaer Apts LIHTC 50
Martin Luther King Revitalization Ph 1 LIHTCPB Section 8 46
Ninth Street Nsa I PB Section 8 40
Diamond Rock Terrace Phase Ii LIHTCPB Section 8 36
School 10 LIHTC 20
Rensselaer County Community Residen PB Section 8 8
Tenth Avenue PB Section 8 6
2239 Fifth Ave LIHTC 3
2243 Fifth Ave LIHTC 3
2247 Fifth Ave LIHTC 3
2251-2255 Fifth Ave LIHTC 3

Section 8 apartments in Troy (project-based)

These buildings carry HUD Section 8 contracts attached to the units — apply at each management office rather than through the voucher waitlist. How project-based Section 8 works →

PropertyUnitsAvg rentReported wait
John F Kennedy Towers Senior Housing LIHTCPB Section 8 135
O'neil Apartments LIHTCPB Section 8 114$365
Burns Apartments PB Section 8 99$384
Lansingburgh Apts PB Section 8 95$372
Monument Square Apts LIHTCPB Section 8 89$345
Ninth Street Nsa Ii PB Section 8 80$442
Tapestry on the Hudson LIHTCPB Section 8 67
Martin Luther King Revitalization Ph 2 LIHTCPB Section 8 58
Hillside Views Neighborhood Revitalization LIHTCPB Section 8 51
Martin Luther King Revitalization Ph 1 LIHTCPB Section 8 46
Ninth Street Nsa I PB Section 8 40
Diamond Rock Terrace Phase Ii LIHTCPB Section 8 36
Rensselaer County Community Residen PB Section 8 8
Tenth Avenue PB Section 8 6

LIHTC & affordable tax-credit apartments in Troy

Tax-credit units rent below market rate for households within income bands (often 30–60% of Area Median Income). Understanding LIHTC →

PropertyUnitsAvg rentReported wait
Diamond Rock Terrace LIHTC 81
Van Rensselaer Apts LIHTC 50
School 10 LIHTC 20
2239 Fifth Ave LIHTC 3
2243 Fifth Ave LIHTC 3
2247 Fifth Ave LIHTC 3
2251-2255 Fifth Ave LIHTC 3

Voucher rent limits: Rensselaer County Fair Market Rents

Housing Choice Voucher payment standards in this area derive from HUD's FY2026 Fair Market Rents for Rensselaer County: studio $1,217, 1-BR $1,417, 2-BR $1,702, 3-BR $2,041, 4-BR $2,253.

Full FMR table for Rensselaer County →

How to apply for subsidized housing in Troy

  1. Apply to buildings directly. Project-based Section 8, public housing, §202/§811 and LIHTC properties run their own waitlists — contact each office using the details on its page.
  2. Join voucher waitlists. Your regional housing authority administers Housing Choice Vouchers; ask about current openings and preferences. Step-by-step application guide →
  3. Document everything. ID, Social Security cards, birth certificates, and income proof speed up both paths.
  4. Stay reachable. Update your address everywhere — missed mail is the top reason applicants lose spots.

Nearby cities with low income housing

Data: HUD Picture of Subsidized Households & LIHTC database (2024 vintage). Figures are administrative averages — confirm current availability with each property.