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 Longmont but actual income limits may differ for units at Longs Peak Residence.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $27,900 | $31,900 | $35,900 | $39,850 | $43,050 | $46,250 | $49,450 | $52,650 |
50% | $46,500 | $53,150 | $59,800 | $66,400 | $71,750 | $77,050 | $82,350 | $87,650 |
80% | $66,700 | $76,200 | $85,750 | $95,250 | $102,900 | $110,500 | $118,150 | $125,750 |
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.