Charter Arms Apartments is managed by The Michaels Organization.
Charter Arms Apartments are a six story high rise for seniors ages 62 and older or handicapped/disabled persons. Their property sits on five acres of beautiful wooded park-like grounds, with rolling green grass, trees, and flowers. Residents love socializing and planning monthly activities in the community. Visit them today and see why our resident have lived her for years!
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 529 | 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 Warminster but actual income limits may differ for units at Charter Arms Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $23,450 | $26,800 | $30,150 | $33,500 | $36,200 | $40,280 | $45,420 | $50,560 |
50% | $39,100 | $44,650 | $50,250 | $55,800 | $60,300 | $64,750 | $69,200 | $73,700 |
80% | $62,500 | $71,400 | $80,350 | $89,250 | $96,400 | $103,550 | $110,700 | $117,850 |
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.