At The Apartments of Russel Erskine, we combine the grace, splendor and hospitality of the old grand hotels with the modern conveniences you have grown to expect in an apartment community. Originally built in the 1930's as Huntsville's premiere downtown hotel, the Russel Erskine Building has been converted to 69 one and two bedroom apartments for seniors. With rental rates based upon income, The Apartments at Russel Erskine offer affordable housing for seniors in an elegant downtown location.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Call for Price |
Two Bedroom (2/1) | - | 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 Huntsville but actual income limits may differ for units at Russel Erskine Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
30% | $20,650 | $23,600 | $26,550 | $30,000 |
50% | $34,350 | $39,250 | $44,150 | $49,050 |
80% | $54,950 | $62,800 | $70,650 | $78,500 |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Huntsville but actual income limits may differ for units at Russel Erskine Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $34,350 | $39,250 | $44,150 | $49,050 |
Day | Hours |
---|---|
Monday | 8:00am-5:00pm |
Tuesday | 8:00am-5:00pm |
Wednesday | 8:00am-5:00pm |
Thursday | 8:00am-5:00pm |
Friday | 8:00am-5:00pm |
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.