Village Square Apartments is managed by Conifer Realty, LLC.
Centrally located, make yourself at home in this beautiful red brick building in the Village of Painted Post. In walking distance to shopping, restuarants, malls, post office, banks and city bus line. Active tenant association with many activities throughout the month. On site laundry facility, management office and 24 emergency service. Please contact site manager for more details.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | 621 | Call for Price |
One Bedroom (1/1) | 720 | Call for Price |
Two Bedroom (2/1) | 1062 | Call for Price |
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 Painted Post but actual income limits may differ for units at Village Square Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
30% | $17,500 | $20,000 | $24,860 | $30,000 |
50% | $29,200 | $33,400 | $37,550 | $41,700 |
80% | $46,700 | $53,400 | $60,050 | $66,700 |
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.
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.