The Elmwoods, located in Great Falls, Montana, is an 18 unit multifamily property built in 1980. The Elmwoods has very spacious rooms with plenty on natural light. Modern kitchens, on-site laundry, and the fantastic central location makes The Elmwoods an attractive affordable living option for tenants.
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 Great Falls but actual income limits may differ for units at The Elmwoods.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $17,650 | $20,200 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $29,400 | $33,600 | $37,800 | $42,000 | $45,400 | $48,750 | $52,100 | $55,450 |
80% | $47,050 | $53,800 | $60,500 | $67,200 | $72,600 | $78,000 | $83,350 | $88,750 |
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.