Terrace Manor I offer floor plans ranging from 1-3 bedrooms with a total of 80 units. Terrace Manor II offers a 3 bedroom floor plan with a total of 50 units.
Amenities include community room with computer access, playground, washer and dryer connections.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 486 | Income Based |
2 Bedroom (2/1) | 610 | Call for Price |
3 Bedroom 1.5 Bath (Terrace Manor ll) (3/1.5) | - | Income Based |
3 Bedroom (3/1) | 685 | Call for Price |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Bessemer but actual income limits may differ for units at Terrace Manor I & ll.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
30% | $18,900 | $21,600 | $24,860 | $30,000 | $35,140 | $40,280 |
50% | $31,450 | $35,950 | $40,450 | $44,900 | $48,500 | $52,100 |
80% | $50,300 | $57,500 | $64,700 | $71,850 | $77,600 | $83,350 |
Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.