Community Hope III Consumer Ho
1 Locust St, Budd Lake, New Jersey 07828
Eligibility for Community Hope III Consumer Ho
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 Budd Lake but actual income limits may differ for units at Community Hope III Consumer Ho.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $25,600 | $29,250 | $32,900 | $36,550 | $39,500 | $42,400 | $45,420 | $50,560 |
| 50% | $42,650 | $48,750 | $54,850 | $60,900 | $65,800 | $70,650 | $75,550 | $80,400 |
| 80% | $66,300 | $75,750 | $85,200 | $94,650 | $102,250 | $109,800 | $117,400 | $124,950 |
Community Hope III Consumer Ho Details
- 4 bedroom units.
- Section 811 Supportive Housing for Persons with Disabilities
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.
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