Eligibility for Franklin Square I and II Associates
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 Franklin but actual income limits may differ for units at Franklin Square I and II Associates.
| 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 | $30,000 | $35,140 | $38,050 | $40,700 | $43,300 |
| 50% | $23,000 | $26,250 | $29,550 | $32,800 | $35,450 | $38,050 | $40,700 | $43,300 |
| 80% | $36,750 | $42,000 | $47,250 | $52,500 | $56,700 | $60,900 | $65,100 | $69,300 |
Franklin Square I and II Associates Details
- 40 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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