Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). 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. 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.
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