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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 seniors 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.

Application Processing: Once your application is accurately completed, signed by all required parties and all required documentation is submitted, it will take 1-3 weeks to process your file for review and approval. If application completion or documentation submission is delayed, your move-in date may be pushed back.

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Current Income Limits


1 Person - $53,400
2 People - $61,020
3 People - $68,640
4 People - $76,260
5 People - $82,380
6 People - $88,500
7 People - $94,620