Greenwood Apartments

1460 S 16th St, Richmond, Indiana 47374

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Eligibility for Greenwood Apartments

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 Richmond but actual income limits may differ for units at Greenwood Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $16,600 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% $27,650 $31,600 $35,550 $39,450 $42,650 $45,800 $48,950 $52,100
80% $44,200 $50,500 $56,800 $63,100 $68,150 $73,200 $78,250 $83,300

Greenwood Apartments Details

  • 100 bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Section 221 (d) (3)
Section 8 Project-Based Rental Assistance (PBRA)

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.

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