Pretlow / Old Towne Apartments

925 Pretlow St, Franklin, Virginia 23851

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Eligibility for Pretlow / Old Towne Apartments

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 Franklin but actual income limits may differ for units at Pretlow / Old Towne Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$16,450	$19,720	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$27,350	$31,250	$35,150	$39,050	$42,200	$45,300	$48,450	$51,550
80%	$43,750	$50,000	$56,250	$62,500	$67,500	$72,500	$77,500	$82,500

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Franklin but actual income limits may differ for units at Pretlow / Old Towne Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$27,350	$31,250	$35,150	$39,050	$42,200	$45,300	$48,450	$51,550

Pretlow / Old Towne Apartments Details

11 bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)

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.