Hope VI Homeownership Section 5h

413 Meridian St, Springfield, Illinois 62702

Eligibility for Hope VI Homeownership Section 5h

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 Springfield but actual income limits may differ for units at Hope VI Homeownership Section 5h.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$20,900	$23,850	$26,850	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$34,800	$39,750	$44,700	$49,650	$53,650	$57,600	$61,600	$65,550
80%	$55,650	$63,600	$71,550	$79,450	$85,850	$92,200	$98,550	$104,900

Hope VI Homeownership Section 5h Details

5 bedroom units.
Public Housing

Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.