Park Towers is managed by Housing and Redevelopment Authority of Hutchinson.
Park Towers is an independent living community that offers residents a lifestyle free of property maintenance and a host of modern conveniences. Selecting Park Towers as your new home will provide you with all the benefits of home ownership without any of the headaches in a friendly community with unique amenities and services.
Located in central Hutchinson, Park Towers is just a block from our vibrant downtown and adjacent to one of the most majestic, beautiful parks in the area.
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.
Since this property is subsidized in part through the Rental Assistance Demonstration (RAD), some apartments may have Section 8 Project-Based Rental Assistance (PBRA) or Section 8 Project-Based Vouchers (PBV). With either type of subsidy, tenant rent payments are 30% of their adjusted monthly income. Households earning less than 80% of the area median income may qualify for PBRA or PBV reduced rents. Some of these subsidized apartments may be reserved for extremely low-income households earning less than 30% of the area median income. If the apartment has a PBV, the tenant may qualify for a Section 8 Housing Choice Voucher (HCV) after living there at least one year. Some rental units in this property may not have PBRA or PBV subsidies and therefore may have higher rents.