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 Middletown but actual income limits may differ for units at Southeast Towers Housing.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $17,050 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $28,450 | $32,500 | $36,550 | $40,600 | $43,850 | $47,100 | $50,350 | $53,600 |
80% | $45,500 | $52,000 | $58,500 | $64,950 | $70,150 | $75,350 | $80,550 | $85,750 |
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 Middletown but actual income limits may differ for units at Southeast Towers Housing.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $28,450 | $32,500 | $36,550 | $40,600 | $43,850 | $47,100 | $50,350 | $53,600 |
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.