Somerset Plaza Tower

2395 N Somerset Street, Wichita, Kansas 67204

Contact Somerset Plaza Tower

Somerset Plaza Tower is a wonderful place to call home if you are 62 years or older, or permanently disabled or handicapped. This community features one, seven-story building with one-bedroom apartments. It is undergoing exterior upgrades and life safety improvements. Surrounded by lush trees in a quiet setting, Somerset Plaza Towers is conveniently located only 2 miles from the Wichita Central Business District with shopping and dining, and only minutes from I-135. Their professional staff looks forward to providing you with the highest standard of professional property.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Income Based

Eligibility for Somerset Plaza Tower

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 Wichita but actual income limits may differ for units at Somerset Plaza Tower.

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

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 Wichita but actual income limits may differ for units at Somerset Plaza Tower.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$29,800	$34,050	$38,300	$42,550	$46,000	$49,400	$52,800	$56,200

Somerset Plaza Tower Details

100 one bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Community Room
Accessible Apartments
On-Site Laundry

Unit Amenities

Fully Equipped Kitchen

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.

Low-Income Housing Tax Credit (LIHTC)

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.