Soromundi Commons is managed by Konover Residential Corporation.
The 48 apartments are designed to provide affordable housing and support services to eligible households. All eligible households have access to flexible, individualized services as needed and for as long as they are needed, in order to achieve and retain permanent housing, increase skills and income, and achieve greater self-determination.
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 Hartford but actual income limits may differ for units at Soromundi Commons.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
50% | $41,350 | $47,250 | $53,150 | $59,050 | $63,800 | $68,500 | $73,250 | $77,950 |
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 Hartford but actual income limits may differ for units at Soromundi Commons.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $41,350 | $47,250 | $53,150 | $59,050 | $63,800 | $68,500 | $73,250 | $77,950 |
Low Income (60%) | $49,620 | $56,700 | $63,780 | $70,860 | $76,560 | $82,200 | $87,900 | $93,540 |
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.