Cornerstone Gardens is managed by Retirement Housing Foundation.
Cornerstone Gardens is an affordable senior (62+) community offering 1-bedroom apartment homes with several units equipped to accommodate those who are mobility/sensory impaired. Each apartment features a full kitchen, individually controlled heat & air conditioning, emergency call system, bathroom with safety features, and window treatments. Property amenities include a commmunity room, library, craft room, elevator, on-site laundry room, outdoor patio, and planned monthly activities for residents. The community is conveniently located close to a Post Office, shopping, churches, and medical facilities.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 540 | 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 Houston but actual income limits may differ for units at Cornerstone Gardens.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $19,600 | $22,400 | $25,200 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $32,650 | $37,300 | $41,950 | $46,600 | $50,350 | $54,100 | $57,800 | $61,550 |
80% | $52,200 | $59,650 | $67,100 | $74,550 | $80,550 | $86,500 | $92,450 | $98,450 |
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.