Fraser Sheridan Court

2500 W 66th St, Richfield, Minnesota 55423

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Eligibility for Fraser Sheridan Court

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 Richfield but actual income limits may differ for units at Fraser Sheridan Court.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$26,100	$29,800	$33,550	$37,250	$40,250	$43,250	$46,200	$50,560
50%	$43,500	$49,700	$55,900	$62,100	$67,100	$72,050	$77,050	$82,000
80%	$66,300	$75,750	$85,200	$94,650	$102,250	$109,800	$117,400	$124,950

Fraser Sheridan Court Details

30 bedroom units.
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Section 221 (d) (3)

Section 202 Supportive Housing for the Elderly

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.

Section 811 Supportive Housing for Persons with Disabilities

Since this property was built or renovated using funding from HUD's current Section 811 Supportive Housing for Persons with Disabilities program or legacy Section 202 program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one adult member with a disability. 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.