Cornerstone Homes

222 Redbud Ave, Lubbock, Texas 79403

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Eligibility for Cornerstone Homes

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 Lubbock but actual income limits may differ for units at Cornerstone Homes.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $17,500 $20,000 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% $29,200 $33,350 $37,500 $41,650 $45,000 $48,350 $51,650 $55,000
80% $46,700 $53,350 $60,000 $66,650 $72,000 $77,350 $82,650 $88,000

Cornerstone Homes Details

  • 109 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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