Pacific Housing Development is managed by TELACU Property Management & Residental Management (TRM or TPM).
Pacific Housing Development is a 7-unit low-income apartment community located just a few blocks away from the 10 and 60 freeways in the city of Monterey Park and within short distance to shopping centers, grocery stores, bus stops, and a senior center. Each apartment includes air conditioning/heating and a full kitchen with a stove and refrigerator.
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 Monterey Park but actual income limits may differ for units at Pacific Housing Development.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $26,500 | $30,300 | $34,100 | $37,850 | $40,900 | $43,950 | $46,950 | $50,560 |
50% | $44,150 | $50,450 | $56,750 | $63,050 | $68,100 | $73,150 | $78,200 | $83,250 |
80% | $70,650 | $80,750 | $90,850 | $100,900 | $109,000 | $117,050 | $125,150 | $133,200 |
Since this property was built or renovated using funding from HUD's current Section 811 Supportive Housing for Persons with Disabilities program or legacy Section 202 program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one adult member with a disability. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.