Frederick House Apartments is managed by Amurcon Realty Co.
A quiet community with 47 living units including one bedroom and efficiency units. Affordable Housing designed for those 62 years and older and the mobility impaired; rent adjusted to your income.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | 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 Stephens City but actual income limits may differ for units at Frederick House Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $20,250 | $23,150 | $26,050 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $33,750 | $38,550 | $43,350 | $48,150 | $52,050 | $55,900 | $59,750 | $63,600 |
80% | $53,950 | $61,650 | $69,350 | $77,050 | $83,250 | $89,400 | $95,550 | $101,750 |
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.