New York

Tax credit apartments in Schenectady, NY

HUD's database lists 11 properties in Schenectady built or rehabbed with low-income housing tax credits: 884 apartments, 683 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

845 Broadway Apts

845 Broadway, Schenectady, NY 12305

Apartments
155
Income-restricted
n/a
Placed in service
2014

Depaul Schenectady - Josephe L Allen

780 Albany St, Schenectady, NY 12307

1 studio, 46 1BR, 4 2BR

Apartments
51
Income-restricted
51
Placed in service
2017

Guilderland Senior Housing

3485 Carman Rd, Schenectady, NY 12303

HUD lists it as senior housing · 32 1BR, 16 2BR

Apartments
48
Income-restricted
48
Placed in service
2000

Hamilton Hill II Aka Hillside Crossin

710 Stanley Street, Schenectady, NY 12307

43 1BR, 30 2BR, 12 3BR

Apartments
85
Income-restricted
54
Placed in service
2021

Hillside View Apts

602 Craig St, Schenectady, NY 12307

10 studio, 26 1BR, 14 2BR, 8 3BR

Apartments
58
Income-restricted
58
Placed in service
2018

Holly Manor

2415 Curry Rd, Schenectady, NY 12303

HUD lists it as senior housing · 40 1BR, 4 2BR

Apartments
44
Income-restricted
44
Placed in service
2003

Omni Sen Living Comm Of Guilderland II

3489 Carman Rd, Schenectady, NY 12303

HUD lists it as senior housing · 33 1BR, 15 2BR

Apartments
48
Income-restricted
48
Placed in service
2002

Renaissance Square

104 Irving Street, Schenectady, NY 12308

4 studio, 46 1BR, 5 2BR

Apartments
55
Income-restricted
55
Placed in service
2021

Vale Housing Revitalization

9 Daggett Ter, Schenectady, NY 12307

23 2BR, 17 3BR

Apartments
40
Income-restricted
40
Placed in service
2004

Yates Village 1

2450-1 Van Vranken Avenue, Schenectady, NY 12306

34 1BR, 37 2BR, 18 3BR

Apartments
89
Income-restricted
74
Placed in service
2021

Yates Village Phase II (Parcel 1, 2, 3)

2450 Van Vranken Avenue, Schenectady, NY 12308

69 1BR, 108 2BR, 29 3BR, 5 4BR

Apartments
211
Income-restricted
211
Placed in service
2023

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.