STAR Residences is managed by A Caring Plus Foundation.
STAR Residences Phase II consists of a new, three-story multi-family apartment building containing 30-units of affordable housing for senior individuals and couples (aged 55+). Each 821 square foot unit has two-bedrooms and one bathroom. All units are rent-restricted Low-Income Housing Tax Credits units available for occupancy to individuals and households earning less than 60% of area median income. As a phase II development, this project follows the success of STAR Residences Phase I, a 44-unit senior facility located on the same campus, that opened in December 2016.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom (2/1) | 821 | Call for Price |
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.