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As of October 1997, we have three waiting lists:
You must also meet the income guidelines set by HUD. This year they are $29,400 for a single person and $33,600 for a couple. Rent is also based on the annual income received from social security, SSI, pensions, or work (gross) and the interest earned on your assets, such as savings accounts, CD's, life insurance, real estate. Medical credits are given (only to the elderly and disabled) before determining the monthly rent. A medical credit can be supplemental insurance, prescription expenses, eyeglasses or hearing aids, and any expense not covered by Medicare.
Once credits are given the rent is 30% of the net income, or a minimum rent of $50.00 and a flat rent of $394.00.
Download our Apartment Application. |
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