Rural Development and HUD Project bases subsidies on unites. Rents are 30% of annual adjusted income to eligible households.
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 Live Oak but actual income limits may differ for units at Butte View Estates.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $17,350 | $19,800 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $28,900 | $33,000 | $37,150 | $41,250 | $44,550 | $47,850 | $51,150 | $54,450 |
80% | $46,200 | $52,800 | $59,400 | $65,950 | $71,250 | $76,550 | $81,800 | $87,100 |
Butte View Estates is managed by Regional Housing Authority.
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.
This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.