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 Charles Town but actual income limits may differ for units at Charles Towers.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $24,200 | $27,650 | $31,100 | $34,550 | $37,350 | $40,280 | $45,420 | $50,560 |
50% | $40,350 | $46,100 | $51,850 | $57,600 | $62,250 | $66,850 | $71,450 | $76,050 |
80% | $64,550 | $73,750 | $82,950 | $92,150 | $99,550 | $106,900 | $114,300 | $121,650 |
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 Charles Town but actual income limits may differ for units at Charles Towers.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $40,350 | $46,100 | $51,850 | $57,600 | $62,250 | $66,850 | $71,450 | $76,050 |
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.