Unico Towers Aka 500 Manila Ave

500 Manila Ave, Jersey City, New Jersey 7302

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Eligibility for Unico Towers Aka 500 Manila Ave

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 Jersey City but actual income limits may differ for units at Unico Towers Aka 500 Manila Ave.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$25,550	$29,200	$32,850	$36,500	$39,450	$42,350	$45,420	$50,560
50%	$42,600	$48,700	$54,800	$60,850	$65,750	$70,600	$75,500	$80,350
80%	$68,150	$77,850	$87,600	$97,300	$105,100	$112,900	$120,700	$128,450

Unico Towers Aka 500 Manila Ave Details

202 bedroom units.
Rental Assistance Payments (RAP)
Section 236
Section 221 (d) (3)

Rental Assistance Payments (RAP)

Since this property has received funding through the HUD Section 236 program and the Rental Assistance Program (RAP), a tenant who earns 50% of the Area Median Income (AMI) or less qualifies for rental assistance. The rental assistance limits the tenant rent contribution to the greater of 10% of their gross income, 20% of their adjusted income, or a designated portion of welfare assistance. If a tenant's income is above the 50% AMI level, they may still qualify to live here but not benefit from the rent subsidy.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.