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 Marrero but actual income limits may differ for units at Cypress Place Apartments ( Concordia ).
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $17,250 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $28,700 | $32,800 | $36,900 | $41,000 | $44,300 | $47,600 | $50,850 | $54,150 |
80% | $45,950 | $52,500 | $59,050 | $65,600 | $70,850 | $76,100 | $81,350 | $86,600 |
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 Marrero but actual income limits may differ for units at Cypress Place Apartments ( Concordia ).
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $28,700 | $32,800 | $36,900 | $41,000 | $44,300 | $47,600 | $50,850 | $54,150 |
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.