Crescent Park is managed by EAH.
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 Richmond but actual income limits may differ for units at Crescent Park.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $31,050 | $35,500 | $39,950 | $44,350 | $47,900 | $51,450 | $55,000 | $58,550 |
50% | $51,800 | $59,200 | $66,600 | $73,950 | $79,900 | $85,800 | $91,700 | $97,650 |
80% | $78,550 | $89,750 | $100,950 | $112,150 | $121,150 | $130,100 | $139,100 | $148,050 |
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 Richmond but actual income limits may differ for units at Crescent Park.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $51,800 | $59,200 | $66,600 | $73,950 | $79,900 | $85,800 | $91,700 | $97,650 |
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.