CHWC’s House to Home initiative was commenced through a partnership with Mesner Development Company to build 24 new single family homes using LIHTCs in two different neighborhoods, Riverview and Escalade Heights (now called Meadowlark Valley). House to Home allows families to rent while undergoing homeownership counseling or education with the end goal of becoming homeowners. CHWC has built 16 units in Meadowlark Valley and 8 units in the Riverview neighborhood. CHWC has built many new single family homes in both Meadowlark Valley and the Riverview neighborhood. Click here to learn more about renting from CHWC.
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 Newton but actual income limits may differ for units at Meadowlark Valley.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $17,900 | $20,450 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $29,800 | $34,050 | $38,300 | $42,550 | $46,000 | $49,400 | $52,800 | $56,200 |
80% | $47,700 | $54,500 | $61,300 | $68,100 | $73,550 | $79,000 | $84,450 | $89,900 |
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.