If all of the 30% units are currently occupied, your household could not immediately move-in to a 30% unit. That rent is only available if your gross annual income is less than, for example, $15,000 per year. Let's say a property has a Tax Credit income set aside of 30% units at a rent of $350 per month. This can also effect the time you may need to wait for a unit to become available. In addition, often your annual income level may determine which unit you will qualify for. There are often much longer wait times for the lower rent amounts and may be no wait at all for the higher rent amounts at the property. Waiting lists can also vary greatly at these properties. Properties with these types of set asides would give preference for rents and units to households that qualify. There may also be some other set asides at the property, called occupancy set asides, such as for large families, disabled households or farm labor households. The property may have rent ranges, lowest to highest, but a family in a higher income level may not qualify for the lowest rent level. The rent you will qualify for at these properties are restricted by HUD rent limits and will depend upon your annual income level. These properties do not have Project-Based subsidy, so unless there is another subsidy program "layered" into a Tax Credit property, or you have a Housing Authority Section 8 Voucher, your rent will not be subsidized. In exchange for their commitment, owners of Tax Credit properties (LIHTC) are able to reduce their IRS tax assessment as long as qualified families are placed in their apartments and remain income qualified. These properties have entered into a long term contract with the Washington State Housing Finance Commission to keep rents affordable to low income households for at least 21 years. Properties that offer Washington State Housing Tax Credit Affordable apartments (non-subsidized) If an owner wishes to charge more than the maximum rent authorized by the housing authority, the tenant may be asked to pay all or part of the difference. Maximum rent amounts that the owner can charge are designated by the Federal Government and income limits apply. With a voucher or certificate, you will generally only pay 30% of your monthly household income for rent. Then you can take your voucher to a property that accepts them and receive a subsidized rent. Vouchers are portable and transferrable because they stay with the household, not the property, once you move out of the property. You should contact your city or county Housing Authority directly for an application for their voucher/subsidy program.Īll properties listed on our site that do not have Project-Based subsidy through another government program will take a Section 8 voucher. You must first have applied and received a voucher through your local housing authority program. Properties in this category are private or publically owned properties that accept applicants with a Housing Authority provided Housing Choice Section 8 voucher or certificate. Properties that accept Tenant-Based Housing Authority Provided Vouchers Please call the MAIN CONTACT on each property listing for specific program or property eligibility. In general, USDA properties can accept applicants at a higher income level than most HUD programs allow, and give a preference to lower income applicants. If you move-in without RA subsidy, but income-qualify for it, you may be placed on a waiting list for RA subsidy at that property depending upon need.Īpplicants for these properties need to qualify between the USDA Very Low (50%) and the USDA Moderate (80%) adjusted income limits. If an applicant is not qualified for Rental Assistance or Rental Assistance is not available at move-in, your rent will be 30% of your income, however the lowest you will pay is the property's Base rent and the highest you will pay is the property's Note rate rent. Often however, Rental Assistance (RA) is not available for every unit at the property. With USDA Rental Assistance subsidy, your rent will be approximately 30 % of your adjusted monthly income as long as you qualify. ![]() Unlike the Section 8 Housing Choice Voucher program, Rental Assistance (RA) subsidy is not portable or transferrable. If the Department of Agriculture provides subsidies directly to the property through a Rental Assistance contract, the property owner applies those subsidies to the rents he/she charges income eligible households. These properties are privately owned rental housing financed through the USDA Rural Housing Service Rental Assistance program. USDA Rental Assistance Project - Based (RA) subsidized apartments
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