Lincoln School Senior Apartments

7336 276th St NW, Stanwood, Washington 98292

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Eligibility for Lincoln School Senior 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 Stanwood but actual income limits may differ for units at Lincoln School Senior Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$28,800	$32,900	$37,000	$41,100	$44,400	$47,700	$51,000	$54,300
50%	$47,950	$54,800	$61,650	$68,500	$74,000	$79,500	$84,950	$90,450
80%	$70,650	$80,750	$90,850	$100,900	$109,000	$117,050	$125,150	$133,200

Lincoln School Senior Apartments Details

22 bedroom units.
Section 202 Supportive Housing for the Elderly
HOME Investment Partnerships Program

Section 202 Supportive Housing for the Elderly

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.