Qualifications
Townsend Square Apartments participates in a special tax credit program to provide affordable housing to households with incomes falling within pre-determined ranges. Your benefit from this program is our ability to offer apartments at a very reasonable rate.
The following qualifying income ranges represent total (combined) gross income for the household:
|
# of Occupants |
Minimum Income |
Maximum Income |
2 Bedroom |
1 |
$33,300 - $34,500 |
$51,000 |
|
2 |
|
$58,260 |
|
3 |
|
$65,520 |
|
4 |
|
$72,780 |
|
|
|
|
2 Bedroom REO |
1 |
$38,850 |
$51,000 |
|
2 |
|
$58,260 |
|
3 |
|
$65,520 |
|
4 |
|
$72,780 |
|
|
|
|
3 Bedroom |
1 |
$39,000 - $41,400 |
$51,000 |
|
2 |
|
$58,260 |
|
3 |
|
$65,520 |
|
4 |
|
$72,780 |
|
5 |
|
$78,660 |
|
6 |
|
$84,480 |
|
|
|
|
3 Bedroom REO |
1 |
$44,700 |
$51,000 |
|
2 |
|
$58,260 |
|
3 |
|
$65,520 |
|
4 |
|
$72,780 |
|
5 |
|
$78,660 |
|
6 |
|
$84,480 |
To qualify, your income must be less than that in the chart. 2020 Published Incomes.
*Maximum incomes are subject to change.