Holiday Village #1 is specifically designed for those 62 years of age or older or handicapped & disabled regardless of age. Each apartment has air conditioning, dishwashers and a full kitchen. The bathrooms are easily accessible and have a sit-down style shower. Our property offers a coin operated laundry facilities and a large community room with a full kitchen. The apartments also have front or rear entry, off street parking with handicapped accessibility. Rent includes heat, water, electricity and garbage collection. Medical expenses are used in determining rent at this property.
Holiday Village #2 is an affordable family complex offering two and three bedroom townhouse style apartments. Each apartment has a full kitchen, laundry hook-ups, and a small back porches area. There is a community playground located directly between the family apartments and Holiday Village #1. The resident is responsible for all utilities at this location but a utility allowance is granted.
Holiday Village #1 and #2 are funded by HUD and Tax Credit, rent is based on 30% of gross income. We are conveniently located close to shopping, medical facilities and dining. If you are interested please feel free to make contact with us.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 BR (1/1) | 450 | Income Based |
2 BR (2/1) | 850 | Income Based |
3 BR (3/1) | 950 | 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 Devils Lake but actual income limits may differ for units at Holiday Village Family and Senior Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
30% | $20,100 | $23,000 | $25,850 | $30,000 | $35,140 | $40,280 |
50% | $33,500 | $38,300 | $43,100 | $47,850 | $51,700 | $55,550 |
80% | $53,600 | $61,250 | $68,900 | $76,550 | $82,700 | $88,800 |
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 Devils Lake but actual income limits may differ for units at Holiday Village Family and Senior Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $33,500 | $38,300 | $43,100 | $47,850 | $51,700 | $55,550 |
Low Income (60%) | $40,200 | $45,960 | $51,720 | $57,420 | $62,040 | $66,660 |
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.
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.