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 Newark but actual income limits may differ for units at 501 Akron Cir.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $14,580 | $19,720 | $24,860 | $30,000 | $34,650 | $37,200 | $39,750 | $42,350 |
50% | $22,450 | $25,650 | $28,850 | $32,050 | $34,650 | $37,200 | $39,750 | $42,350 |
80% | $35,950 | $41,050 | $46,200 | $51,300 | $55,450 | $59,550 | $63,650 | $67,750 |
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.