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 Ferriday but actual income limits may differ for units at Montgomery Square Complex.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $14,580 | $19,720 | $24,860 | $28,650 | $30,950 | $33,250 | $35,550 | $37,850 |
50% | $20,100 | $22,950 | $25,800 | $28,650 | $30,950 | $33,250 | $35,550 | $37,850 |
80% | $32,100 | $36,700 | $41,300 | $45,850 | $49,550 | $53,200 | $56,900 | $60,550 |
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.