Luther Place is a HUD assisted property. Its purpose is to provide affordable housing for people age 62 and older, or mobility impaired requiring the special features of a handicapped unit. With no worries about home maintenance, lawn care, or snow removal, you will have the time and freedom to discover or rediscover the things you enjoy most living at Luther Place.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 310 | Call for Price |
1 Bedroom (1/1) | 380 | Call for Price |
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 Topeka but actual income limits may differ for units at Luther Place I.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $18,350 | $20,950 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $30,500 | $34,850 | $39,200 | $43,550 | $47,050 | $50,550 | $54,050 | $57,500 |
80% | $48,800 | $55,800 | $62,750 | $69,700 | $75,300 | $80,900 | $86,450 | $92,050 |
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 Topeka but actual income limits may differ for units at Luther Place I.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $30,500 | $34,850 | $39,200 | $43,550 | $47,050 | $50,550 | $54,050 | $57,500 |
Low Income (60%) | $36,600 | $41,820 | $47,040 | $52,260 | $56,460 | $60,660 | $64,860 | $69,000 |
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.
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.
Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.