Bagdad Wood is managed by Stewart Property Management.
Walking distance to downtown, this 3-story quiet apartment building with elevator has 40 apartments with parking and on-site laundry facilities. Rent includes heat and hot water. Rent is based on 30% of monthly income.
Must be at least 62 years of age or disabled to qualify. Income limits do apply.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Income Based |
2 Bedroom (2/1) | - | Income Based |
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 Durham but actual income limits may differ for units at Bagdad Wood.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
30% | $25,900 | $29,600 | $33,300 | $36,950 |
50% | $43,150 | $49,300 | $55,450 | $61,600 |
80% | $66,300 | $75,750 | $85,200 | $94,650 |
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.