Eligibility for 092002ni - - Northwood Apartments
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 Glencoe but actual income limits may differ for units at 092002ni - - Northwood Apartments.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $19,750 | $22,600 | $25,400 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% | $32,900 | $37,600 | $42,300 | $47,000 | $50,800 | $54,550 | $58,300 | $62,050 |
| 80% | $52,650 | $60,200 | $67,700 | $75,200 | $81,250 | $87,250 | $93,250 | $99,300 |
092002ni - - Northwood Apartments Details
- 39 bedroom units.
- Rental Assistance Payments (RAP)
- Section 221 (d) (3)
Rental Assistance Payments (RAP)
Since this property has received funding through the HUD Section 236 program and the Rental Assistance Program (RAP), a tenant who earns 50% of the Area Median Income (AMI) or less qualifies for rental assistance. The rental assistance limits the tenant rent contribution to the greater of 10% of their gross income, 20% of their adjusted income, or a designated portion of welfare assistance. If a tenant's income is above the 50% AMI level, they may still qualify to live here but not benefit from the rent subsidy.
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