Eligibility for The 400
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 Fargo but actual income limits may differ for units at The 400.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $21,900 | $25,000 | $28,150 | $31,250 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% | $36,450 | $41,650 | $46,850 | $52,050 | $56,250 | $60,400 | $64,550 | $68,750 |
| 80% | $58,350 | $66,650 | $75,000 | $83,300 | $90,000 | $96,650 | $103,300 | $110,000 |
The 400 Details
- 41 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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