Sherwood Inn is managed by Resource Property Management.
Forty one-bedroom units and nine two-bedroom units designed for elderly and handicapped residents. Rent is income based and must be under $25,000/year. All utilities are included in rent. There is on and off-site parking, on-site coin-op laundry, and an on-site manager.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 572 | Call for Price |
Two Bedroom (2/1) | 735 | Call for Price |
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 Livingston but actual income limits may differ for units at Sherwood Inn.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
30% | $18,400 | $21,000 | $24,860 | $30,000 |
50% | $30,650 | $35,000 | $39,400 | $43,750 |
80% | $49,000 | $56,000 | $63,000 | $70,000 |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Livingston but actual income limits may differ for units at Sherwood Inn.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $30,650 | $35,000 | $39,400 | $43,750 |
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.