Pontiac Terrace Apartments is managed by Housing Management Resources.
Pontiac Terrace is a historic building that was built in 1912 as the famous Pontiac Hotel and was completely redone in 1982. We offer wall-to-wall carpeting, new appliances, intercom access entry, on-site laundry and garbage removal services, 24 hr on-call maintenance and emergency pull cords just to name a few of the benefits.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | 625 | Income Based |
1 BR (1/1) | 725 | 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 Oswego but actual income limits may differ for units at Pontiac Terrace Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $19,600 | $22,400 | $25,200 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $32,700 | $37,350 | $42,000 | $46,650 | $50,400 | $54,150 | $57,850 | $61,600 |
80% | $52,300 | $59,750 | $67,200 | $74,650 | $80,650 | $86,600 | $92,600 | $98,550 |
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.