HOUSING TAX CREDIT PROGRAM
THE LIFESTYLE YOU DESERVE AT A PRICE YOU CAN AFFORD
This affordable housing program is for individuals and families with moderate incomes, allowing below-market rents for those who qualify. The program is not a subsidized housing program as each resident is responsible for their full amount of rent each month. Rental amounts are based on the pre-set income limits in the geographic area and not based on your individual household income. To be income eligible, your total household ‘gross’ income must be less than the preset income limit for the area.
Minimum Allowable Income 30%-50%-60%
30%
2 Bed – $28,890
3 Bed – $33,420
50%
2 Bed – $47,550
3 Bed – $54,000
60%
2 Bed – $48,000
3 Bed – $54,000
2 Bed – $28,890
3 Bed – $33,420
50%
2 Bed – $47,550
3 Bed – $54,000
60%
2 Bed – $48,000
3 Bed – $54,000
Maximum Allowable Income 30%
30%
1 Person – $34,440
2 People – $39,360
3 People – $44,280
4 People – $49,170
5 People – $53,130
6 People – $57,060
7 People – $60,990
1 Person – $34,440
2 People – $39,360
3 People – $44,280
4 People – $49,170
5 People – $53,130
6 People – $57,060
7 People – $60,990
Maximum Allowable Income 50%
50%
1 Person – $57,400
2 People – $65,600
3 People – $73,800
4 People – $81,950
5 People – $88,550
6 People – $95,100
7 People – $101,650
1 Person – $57,400
2 People – $65,600
3 People – $73,800
4 People – $81,950
5 People – $88,550
6 People – $95,100
7 People – $101,650
Maximum Allowable Income 60%
60%
1 Person – $68,880
2 People – $78,720
3 People – $88,560
4 People – $98,340
5 People – $106,260
6 People – $114,120
7 People – $121,980
1 Person – $68,880
2 People – $78,720
3 People – $88,560
4 People – $98,340
5 People – $106,260
6 People – $114,120
7 People – $121,980
PRICING AND OTHER FEES
Application Fee:
$40-Now Waived
*per applicant 18+ /non-refundable / paid in the form of certified funds.
Security Deposit:
One Month’s Rent
*Refundable
Reservation Fee:
$100
*(Refundable within 72 hours / Applied to first month’s rent)
Lease Term:
12 Months required
Affordable Housing:
LIH TAX CREDIT
Pet Policy:
No Pets Allowed
Utilities: *Residents are responsible for all Utilities. Residents must provide the new account numbers before move in.