Salem Heights is managed by Preservation Housing Management .
Salem Heights are located on a 6.5 acre site less than one mile from the city's downtown area. The property includes two high-rise buildings connected by a single story lobby. Each building has two elevators, laundry facilities and ample parking. There is a community room available to all residents. Recent updates include installation of energy-efficient windows throughout the complex. Rents at Salem Heights Apartments are structured to be affordable to families at all income levels. Utilities costs are included in the monthly rent. Professional management services, including 24-hour emergency response, are offered by Preservation Housing Management (PHM).
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 696 | $1,075 |
Two Bedroom (2/1) | 960 | $1,250 |
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 Salem but actual income limits may differ for units at Salem Heights.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
50% | $51,950 | $59,400 | $66,800 | $74,200 |
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 Salem but actual income limits may differ for units at Salem Heights.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $51,950 | $59,400 | $66,800 | $74,200 |
Low Income (60%) | $62,340 | $71,280 | $80,160 | $89,040 |
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.