Colonial Village
231 D Ave, Salisbury, North Carolina 28144
Eligibility for Colonial Village
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 Salisbury but actual income limits may differ for units at Colonial Village.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $15,550 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $48,750 |
| 50% | $25,850 | $29,550 | $33,250 | $36,900 | $39,900 | $42,850 | $45,800 | $48,750 |
| 80% | $41,300 | $47,200 | $53,100 | $59,000 | $63,750 | $68,450 | $73,200 | $77,900 |
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 Salisbury but actual income limits may differ for units at Colonial Village.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| Very Low Income (50%) | $25,850 | $29,550 | $33,250 | $36,900 | $39,900 | $42,850 | $45,800 | $48,750 |
Colonial Village Details
- 98 bedroom units.
- Section 8 Project-Based Rental Assistance (PBRA)
- Section 221 (d) (3)
Section 8 Project-Based Rental Assistance (PBRA)
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.
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