Eligibility for Mountain Terrace
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 Monteagle but actual income limits may differ for units at Mountain Terrace.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $14,800 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 | $43,650 | $46,500 |
| 50% | $24,650 | $28,200 | $31,700 | $35,200 | $38,050 | $40,850 | $43,650 | $46,500 |
| 80% | $39,450 | $45,050 | $50,700 | $56,300 | $60,850 | $65,350 | $69,850 | $74,350 |
Mountain Terrace Details
- 110 bedroom units.
- Public Housing
Public Housing
Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.
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