Parsonage Cottage is a highly rated, state-of-the-art, Senior Residence located on parkland acreage in beautiful Greenwich, Connecticut, that provides a full spectrum of services and activities to enrich and enhance daily living. At Parsonage Cottage, residents live life their way. Parsonage Cottage values the happiness, the dignity, the pride, the independence, the interests, and the health of every member of our community.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | - | Up To $4,500 |
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 Greenwich but actual income limits may differ for units at Parsonge Cottage Senior Residence.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $48,050 | $54,900 | $61,750 | $68,600 | $74,100 | $79,600 | $85,100 | $90,600 |
Low Income (60%) | $57,660 | $65,880 | $74,100 | $82,320 | $88,920 | $95,520 | $102,120 | $108,720 |
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.