Desoto Square Apartments

33 Ritter Rd, Hayesville, North Carolina 28904

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Eligibility for Desoto Square Apartments

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 Hayesville but actual income limits may differ for units at Desoto Square Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $14,580 $19,720 $24,860 $30,000 $35,140 $40,150 $42,950 $45,700
50% $24,250 $27,700 $31,150 $34,600 $37,400 $40,150 $42,950 $45,700
80% $38,750 $44,300 $49,850 $55,350 $59,800 $64,250 $68,650 $73,100

Desoto Square Apartments Details

  • 32 bedroom units.
  • Section 202 Supportive Housing for the Elderly
  • Section 221 (d) (3)
Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. 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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