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 Wichita Falls but actual income limits may differ for units at Indian Falls Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $16,850 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $28,050 | $32,050 | $36,050 | $40,050 | $43,300 | $46,500 | $49,700 | $52,900 |
80% | $44,900 | $51,300 | $57,700 | $64,100 | $69,250 | $74,400 | $79,500 | $84,650 |
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.