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 Lexington but actual income limits may differ for units at Mountainview Terrace.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $15,200 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 | $44,900 | $47,800 |
50% | $25,350 | $29,000 | $32,600 | $36,200 | $39,100 | $42,000 | $44,900 | $47,800 |
80% | $40,550 | $46,350 | $52,150 | $57,900 | $62,550 | $67,200 | $71,800 | $76,450 |
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.