University Gardens II developed in 2013 under the U.S. Department of Housing and Urban Development (HUD) Section 202/Project Rental Assistance Contract (PRAC)is adjacent to University Gardens I.
This 4-story mid-rise facility consists of 27 one bedroom units for low income elderly 62 years of age or older.
Housing at University Gardens II is intended for low income elderly persons. To qualify, household income cannot exceed HUD income guidelines. Residents at this HUD property pay 30% of their adjusted household income.
University Gardens II is age restricted. An applicant must be 62 years old or older at the time of application to apply for residency at University Gardens II. There are units that are specifically designed to accommodate mobility, hearing and visual impairments however, the applicant must be 62 years of age or older.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Call for Price |
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 Silver Spring but actual income limits may differ for units at University Gardens II.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $31,650 | $36,200 | $40,700 | $45,200 | $48,850 | $52,450 | $56,050 | $59,700 |
50% | $52,750 | $60,300 | $67,850 | $75,350 | $81,400 | $87,450 | $93,450 | $99,500 |
80% | $66,750 | $76,250 | $85,800 | $95,300 | $102,950 | $110,550 | $118,200 | $125,800 |
Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.