Richmond Terrace is managed by C & C Realty Management.
HOUSING FOR:
Elderly, Disabled/Handicap
RENT:
Based on 30% of the adjusted gross income
Richmond Terrace
31 Kimball St.
Richmond, ME
VACANCIES:
No Current Openings
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Income Based |
Two Bedroom (2/1) | - | Income Based |
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 Richmond but actual income limits may differ for units at Richmond Terrace.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
30% | $19,450 | $22,200 | $25,000 | $30,000 |
50% | $32,400 | $37,000 | $41,650 | $46,250 |
80% | $51,800 | $59,200 | $66,600 | $74,000 |
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 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.