Eligibility for Stephens Park Apartments
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 Anchorage but actual income limits may differ for units at Stephens Park Apartments.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $25,700 | $29,400 | $33,050 | $37,500 | $43,930 | $50,360 | $56,790 | $63,220 |
| 50% | $42,850 | $48,950 | $55,050 | $61,150 | $66,050 | $70,950 | $75,850 | $80,750 |
| 80% | $66,300 | $75,750 | $85,200 | $94,650 | $102,250 | $109,800 | $117,400 | $124,950 |
Stephens Park Apartments Details
- 80 bedroom units.
- Section 8 Project-Based Rental Assistance (PBRA)
- Section 221 (d) (3)
Section 8 Project-Based Rental Assistance (PBRA)
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.
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