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.
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 Fairbanks but actual income limits may differ for units at Golden Towers Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $20,550 | $23,500 | $28,790 | $34,690 | $40,590 | $46,490 | $52,390 | $58,290 |
50% | $34,250 | $39,150 | $44,050 | $48,900 | $52,850 | $56,750 | $60,650 | $64,550 |
80% | $54,800 | $62,600 | $70,450 | $78,250 | $84,550 | $90,800 | $97,050 | $103,300 |