Red Lake Senior Apartments is managed by DW Jones Management Inc.
Red Lake Senior Apartments is a 26-unit 62-and-older apartment community with one-bedroom units. It is located on beautiful Red Lake, next to the hospital and nursing home. It has a community room, library, sitting room & laundry room. Income restrictions apply.
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 Red Lake but actual income limits may differ for units at Red Lake Senior Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $18,550 | $21,200 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $30,900 | $35,300 | $39,700 | $44,100 | $47,650 | $51,200 | $54,700 | $58,250 |
80% | $49,400 | $56,450 | $63,500 | $70,550 | $76,200 | $81,850 | $87,500 | $93,150 |
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.