BELLTOWN SCHOOL ELDERLY HOUSING

21 BURDICK ST, Stamford, Connecticut 6905

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Message BELLTOWN SCHOOL ELDERLY HOUSING

Legacy 202 (elderly/disabled)

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - Call for Price
1 Bedroom (1/1) - Call for Price

Eligibility for BELLTOWN SCHOOL ELDERLY HOUSING

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 Stamford but actual income limits may differ for units at BELLTOWN SCHOOL ELDERLY HOUSING.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $28,850 $32,950 $37,050 $41,150 $44,450 $47,750 $51,050 $54,350
50% $48,050 $54,900 $61,750 $68,600 $74,100 $79,600 $85,100 $90,600

BELLTOWN SCHOOL ELDERLY HOUSING Details

  • 27 studio and one bedroom units.
  • Section 202 Supportive Housing for the Elderly
  • FHA Mortgage Insurance/subsidy
  • HOME Investment Partnerships Program
  • Section 221 (d) (3)
Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. 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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

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