From a beloved bus driver who will take you shopping or out to lunch, to enthused movie night director, there is always something to do at Alder Ridge. Join them for pinochle, dominoes, poker and bingo as well as dancing and singing with scheduled entertainers! Alder Ridge Senior Apartments participates in a housing program for applicants ages 62+ with income qualifications to offer luxury living at an affordable price.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bed One Bath (1/1) | - | Call for Price |
Two Bedroom One Bath (2/1) | - | Call for Price |
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 Milton but actual income limits may differ for units at Alder Ridge Senior Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $47,950 | $54,800 | $61,650 | $68,500 |
Low Income (60%) | $57,540 | $65,760 | $73,980 | $82,200 |
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.