Troy Housing Authority
Troy Housing Authority is a federally-designated public housing authority, established 1944, that manages 1,110 RAD Program apartments and administers 944 Housing Choice Vouchers plus 30 SRO units to provide affordable housing to low-income individuals, families, seniors, veterans, and disabled persons in Troy, NY.
- Company typePrivate
- Founded1944
- HeadquartersTroy, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Troy Housing Authority does
Troy Housing Authority (THA) is a federally-designated public housing authority established in 1944 and domiciled in Troy, Rensselaer County, New York, operating under the regulatory oversight of the U.S. Department of Housing and Urban Development (HUD). Its mission is to provide decent, safe, and affordable housing to individuals and families of low and fixed incomes in the City of Troy. THA manages 1,110 apartments under the HUD Rental Assistance Demonstration (RAD) Program, administers 944 Housing Choice Vouchers (with project-based allocations at Kennedy Towers and Tapestry on the Hudson, plus set-asides for non-elderly disabled persons), and oversees 30 Moderate Rehabilitation single-room-occupancy apartments at the YWCA of the Greater Capital Region. The portfolio spans family housing (Taylor, Griswold Heights, Corliss Park, Grand Street, Phelan, Sweeney), senior housing (Kennedy Towers, Kane Apartments, Conway Court), and veteran housing (Peter M. Guenette), with multiple sites under active renovation or redevelopment in partnership with Pennrose and MDG Real Estate Partners.
THA operates on a government-mandated, income-based pricing model in which tenant rents are set at 30% of adjusted gross income, with revenue composed of HUD operating subsidies (RAD Program funding, voucher administrative fees, Emergency Housing Vouchers), tenant rental income, and supplemental federal grants (e.g., $1M in March 2024 from Senators Schumer and Gillibrand for Taylor demolition). The technology footprint is limited to a standard public housing management system with online Resident and Landlord Portals for payments, applications, and service requests; no proprietary AI/ML, APIs, or third-party integrations beyond the standard portal infrastructure are documented. Go-to-market is non-commercial: applications are accepted online, by phone, and in person, with eligibility determined by HUD income guidelines.
THA is governed by a Board of Commissioners (chaired by Susan J.W. Steele) and led by Executive Director Deborah A. Witkowski, appointed January 2018 after serving as THA Comptroller since 2010. The organization maintains a substantial community engagement apparatus including a quarterly THA Neighborhoods newsletter, a city-wide resident council (REACT, Inc.), and operational partnerships with Joseph's House & Shelter, Unity House, the Regional Foodbank of NENY, the Salvation Army, and Troy YMCA to deliver supportive services alongside housing. The organization is currently overseeing a multi-year portfolio recapitalization cycle spanning 2023-2026 across multiple sites, with project funding channels combining HUD instruments, congressional earmarks, and private developer capital.
Troy Housing Authority firmographics
Firmographics- Name
- Troy Housing Authority
- Legal name
- Troy Housing Authority
- Website
- https://troyhousing.org
- Company type
- Private
- Founded year
- 1944
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Troy Housing Authority is a federally-designated public housing authority, established 1944, that manages 1,110 RAD Program apartments and administers 944 Housing Choice Vouchers plus 30 SRO units to provide affordable housing to low-income individuals, families, seniors, veterans, and disabled persons in Troy, NY.
- Ownership category
- akta.pro rank
Troy Housing Authority industry classification
Industry- Product category
- Public Housing Authority Services
- NAICS
- Administration of Housing Programs (92511), Lessors of Residential Buildings and Dwellings (53111), Other Community Housing Services (624229), New Multifamily Housing Construction (except For-Sale Builders) (236116)
- SIC
- Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531), Services-To Dwellings & Other Buildings (7340)
- akta.pro primary industry
- Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing) (BPAIANAA)
- akta.pro secondary industries
- Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD), Affordable & Public Housing Asset Management (BPAJAMAI), Housing Voucher & Rental Assistance Programs (Tenant-Based/Project-Based) (FSALAKAI), Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)
Keywords
Where Troy Housing Authority is headquartered
LocationHeadquarters
- HQ city
- Troy
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Troy Housing Authority business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D
Revenue model
- HUD Rental Assistance Demonstration (RAD) Program: Federal funding from HUD for managing 1,110 RAD-supported apartments. THA receives federal subsidies to maintain affordable housing operations.
- Housing Choice Voucher Program: Administering 944 Housing Choice Vouchers including project-based and tenant-based vouchers, funded by HUD.
- Tenant Rental Income: Rents are affordably set at 30% of household's adjusted gross income. Income-based rental model ensures affordability for low-income residents.
- Moderate Rehabilitation Program: Administering subsidy for 30 Moderate Rehabilitation single room occupancy apartments at the YWCA of the Greater Capital Region, Inc.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Public Housing - Income-Based Rent |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
Troy Housing Authority product offering
Product offeringCore offering
The Troy Housing Authority is a government public housing authority that manages 1,110 HUD Rental Assistance Demonstration (RAD)-supported apartments and administers 944 Housing Choice Vouchers, providing decent, safe, and affordable housing to low-income and fixed-income individuals and families in Troy, New York. It also oversees a 30-unit Moderate Rehabilitation single-room occupancy program at the YWCA and offers a Resident Portal and Landlord Portal for online services.
Product overview
The Troy Housing Authority (THA) operates as a public housing authority providing affordable housing services to the Troy, New York community. The organization offers a portfolio of housing programs including public housing management (1,110 RAD-supported apartments), Housing Choice Voucher administration (944 vouchers), and Moderate Rehabilitation SRO programs. These core housing services are supported by resident-facing digital tools including the Resident Portal and Landlord Portal. Additional support services include Section 8 housing, emergency housing vouchers, and various resident support programs focused on education, employment, and community development. The organization is regulated and evaluated by the U.S. Department of Housing and Urban Development (HUD) and operates as a smoke-free housing authority.
Differentiator
Problem solved
Functional benefit
Products and services
- Public Housing Management (RAD Program Apartments) Direct management of 1,110 apartments supported by the HUD Rental Assistance Demonstration (RAD) Program, providing decent, safe, and affordable housing to low-income and fixed-income individuals and families in Troy, New York. Covers family, senior, and veteran housing sites.
- Housing Choice Voucher Program (Section 8) Administration of 944 Housing Choice Vouchers, including 134 Project-based vouchers at Kennedy Towers, 28 Project-based at Tapestry on the Hudson, 19 set aside for non-elderly persons with disabilities transitioning from institutional settings, and the remaining Tenant-based vouchers usable at any qualifying apartment. Federal rental assistance for very low-income families, the elderly, and people with disabilities.
- Moderate Rehabilitation SRO Program Administration of HUD subsidy for 30 Moderate Rehabilitation single-room occupancy apartments at the YWCA of the Greater Capital Region, Inc., providing affordable housing for single individuals in need of SRO-style accommodation.
- Resident Portal Online portal enabling THA residents to submit applications, manage monthly rental payments, request maintenance services, and access housing-related information.
- Landlord Portal Online portal for landlords participating in the Housing Choice Voucher Program to manage tenant information, payments, and property records for units receiving Section 8 vouchers.
- Emergency Housing Vouchers 21 HUD-awarded Emergency Housing Vouchers for individuals and families who are homeless, fleeing domestic violence, or at risk of homelessness. Referrals routed through the Rensselaer County Homeless Services Collaborative (RCHSC) Coordinated Entry system.
Quantifiable outcome
- 1,110 apartments managed under RAD Program
- +2 more outcomes
Companies that use Troy Housing Authority
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles5 records
Troy Housing Authority technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Troy Housing Authority partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered core and minor.
- MDG Real Estate Partners LLCcoreMDG selected as co-developer partner to work with THA on redevelopment of Bundle 2 – Corliss Park, Catherine M. Sweeney, Grand Street and Margaret W. Phelan Apartments. Scope includes in-unit improvements, LED lighting, new flooring, renovated kitchens with appliances, new bathrooms, building system upgrades, and exterior/site improvements.
- Pennrose, LLCcorePennrose selected as development partner to revitalize John P. Taylor Apartments waterfront site into mixed-use community with modern apartments, commercial spaces, and public amenities. THA working with Pennrose and Troy Local Development Corporation in tri-party partnership. Funding secured including $1 million from Senators Schumer & Gillibrand for Taylor 3 & 4 redevelopment.
- Troy Local Development Corporation (TLDC)coreTLDC partnered with THA to capitalize on Taylor Apartments project's economic development implications and opportunities to better connect Troy's downtown to the Hudson River and neighborhoods to the south.
- REACT, Inc. (Resident Empowered Action Council of Troy)coreCity-wide resident organization providing advocacy for tenants, running food pantry, and helping ensure resident programs at THA have resources to succeed. Receives approximately $2,000 annually through Stewart's Holiday Match Program for Education and Recreation supplies.
- Stewart's ShopsminorCommunity donations including ice cream for resident events and approximately $2,000 annually through Holiday Match Program for THA education and recreation supplies.
- Rensselaer County Homeless Services Collaborative (RCHSC)coreCoordinated Entry (CE) system for review and prioritization of Emergency Housing Voucher applicants. Referrals routed through CE system in accordance with HUD guidelines.
- Joseph's House & Shelter, Inc.minorContact point for homeless individuals in need of emergency services in Rensselaer County. Coordinates with THA on Emergency Housing Voucher program.
- Unity House of Troy, Inc.minorProvides supportive services for survivors/victims of domestic violence at Tapestry on the Hudson apartments.
- The Community Builders, Inc.minorManages Tapestry on the Hudson at 599 River Street, Troy. THA provides 28 project-based vouchers for this 67-unit property.
- Regional Foodbank of NENYminorProvides food donations to THA seniors through pop-up pantry events, in partnership with Troy's Annual Turkey Trot Race.
- Salvation ArmyminorBrings free produce to Corliss Park residents through community support program.
- YWCA of the Greater Capital Region, Inc.minorTHA administers subsidy for 30 Moderate Rehabilitation single room occupancy apartments at YWCA location.
- Troy YMCAminorCollaborative partner for Play Outdoors Program, an 8-week program helping strengthen bonds between youth and families. Also supports summer youth employment programs.
- Disabled American Veterans Chapter 38minorPartners with THA for veteran appreciation events at SFC Peter M. Guenette Apartments, providing gift cards, gift bags, and lunch.
- Daughters of the American Revolution (DAR)minorParticipates in veteran support events at THA properties.
- Uncle Sam Military Banner CommitteeminorPartners with THA for veteran recognition and appreciation events.
- Rensselaer County Sheriff's OfficeminorParticipates in veteran support events and senior safety programs at THA.
Scale indicators10 records
Recent moves6 records
Expansion highlights5 records
Troy Housing Authority competitors and assessment
Company assessmentDirect peers
- Albany Housing Authority: Public housing authority serving neighboring Albany, NY. Comparable mid-size NYS municipal authority administering public housing and Housing Choice Vouchers under identical HUD regulatory framework.
- Schenectady Municipal Housing Authority: NY public housing authority of similar scale and demographics serving Schenectady. Operates public housing units, Section 8 vouchers, and redevelopment programs under the same HUD oversight regime.
- Buffalo Municipal Housing Authority: Larger New York State municipal housing authority with comparable RAD conversion, Section 8 administration, and aging public housing stock requiring redevelopment — directly comparable regulatory and operational model.
- Cambridge Housing Authority: Mid-sized Northeastern municipal housing authority with comparable RAD conversion experience, mixed-finance redevelopment pipeline, and federal Section 8 program administration — similar operating profile to THA.
- Rochester Housing Authority: New York State public housing authority managing a comparable mid-sized portfolio of public housing, Section 8 vouchers, and senior/disabled housing under the same HUD framework and NYS regulatory environment.
Broad incumbents
- New York City Housing Authority (NYCHA): The largest public housing authority in the U.S. Operates under identical HUD/Section 8 framework and faces similar RAD conversion, capital backlog, and federal funding dependencies — represents the macro version of THA's operating model.
- Boston Housing Authority: Major Northeast municipal housing authority managing tens of thousands of public housing and voucher units. Comparable mix of family, senior, and disabled housing with active mixed-finance redevelopment partnerships.
Regional players
- Rensselaer Housing Authority: Neighboring Rensselaer County housing authority serving the City of Rensselaer. Same county, same regional demographics, and same federal funding framework as THA — a tight geographic peer.
Others
- The Community Builders, Inc. Nonprofit affordable housing developer and property manager — manages Tapestry on the Hudson where THA holds 28 project-based vouchers. A direct operating partner and comparable nonprofit housing operator with similar mixed-finance model.
- Pennrose, LLC: Private affordable housing developer selected as THA's Taylor revitalization co-developer. Operates mixed-income and affordable housing nationwide using LIHTC and public-private partnerships comparable to THA's redevelopment approach.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Troy Housing Authority social profiles
Digital presenceTroy Housing Authority financial estimates
Financial estimateRevenue estimate
Valuation estimate
Troy Housing Authority leadership team
Management profileNumber of profiles
Profiles2 records
Troy Housing Authority funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Troy Housing Authority M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Troy Housing Authority
What does Troy Housing Authority do?
The Troy Housing Authority is a government public housing authority that manages 1,110 HUD Rental Assistance Demonstration (RAD)-supported apartments and administers 944 Housing Choice Vouchers, providing decent, safe, and affordable housing to low-income and fixed-income individuals and families in Troy, New York. It also oversees a 30-unit Moderate Rehabilitation single-room occupancy program at the YWCA and offers a Resident Portal and Landlord Portal for online services.
Is Troy Housing Authority a public or private company?
Troy Housing Authority is a private company. It is classified as state government owned and is currently operating.
When was Troy Housing Authority founded?
Troy Housing Authority was founded in 1944. It employs 11 to 50 people.
Where is Troy Housing Authority based?
Troy Housing Authority is headquartered in Troy, United States, in the North America region.
How does Troy Housing Authority make money?
Four revenue lines are on record. HUD Rental Assistance Demonstration (RAD) Program is the primary driver. The others are housing Choice Voucher Program, tenant Rental Income and moderate Rehabilitation Program.
Who are Troy Housing Authority's main competitors?
Direct peers on record are Albany Housing Authority, Schenectady Municipal Housing Authority, Buffalo Municipal Housing Authority, Cambridge Housing Authority and Rochester Housing Authority. Broad incumbents are New York City Housing Authority (NYCHA) and Boston Housing Authority. Rensselaer Housing Authority is listed as a regional player. Others are The Community Builders, Inc. and Pennrose, LLC.
Does Troy Housing Authority have an API?
No public API is recorded for Troy Housing Authority.
What industry is Troy Housing Authority in?
Troy Housing Authority's product category is Public Housing Authority Services. Its primary akta.pro industry code is BPAIANAA, Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing), with a secondary code of BPAJAFAD, Affordable & Subsidized Housing Property Management (LIHTC, Section 8). Its NAICS code is 92511 and its SIC code is 6513.