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Income Restrictions

Income Restrictions

 

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 pre-set income limit for the area.

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Current Income Limits


1 Person - $50,160
2 People - $57,360
3 People - $64,500
4 People - $71,640
5 People - $77,400

Type of unit applying for Minimum Occupancy Maximum Occupancy
Tax Credit and affordable units 1 person per bedroom 2 persons per bedroom plus 1
Market rate units Not Applicable 2 persons per bedroom plus 1

Example: In general, maximum number of persons is 2 persons per bedroom plus 1. This may vary based on the size and configuration of your rental unit. In the event of a change in household/family status impacting the number of occupants, residents will have until the expiration of the lease term to transfer to the appropriate apartment to comply with occupancy limits.

RENT STARTING AT $899!*

*RESTRICTIONS APPLY.

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