Westerly II

14306 Detroit Ave, Lakewood, Ohio 44107

Contact Westerly II

The Westerly Apartments are owned by Lakewood Senior Citizens, Inc., a 501c (3) not-for-profit organization that exists for the sole purpose of providing quality and affordable housing for senior adults.

Westerly II has 10 residential floors. In addition to all our standard amenities, each unit has an assigned storage locker located on the same floor as the apartment. The laundry room in this building is located on ground floor near the elevators.

Eligibility for Westerly II

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 Lakewood but actual income limits may differ for units at Westerly II.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$19,000	$21,700	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$31,650	$36,200	$40,700	$45,200	$48,850	$52,450	$56,050	$59,700
80%	$50,650	$57,850	$65,100	$72,300	$78,100	$83,900	$89,700	$95,450

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 Lakewood but actual income limits may differ for units at Westerly II.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$31,650	$36,200	$40,700	$45,200	$48,850	$52,450	$56,050	$59,700

Westerly II Details

5 bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Section 202 Supportive Housing for the Elderly
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Elevator

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.

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.

Low-Income Housing Tax Credit (LIHTC)

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.