Hudson Oaks is a new senior 62-years and over affordable community of 45 apartments opening April 2012 in Pasadena, CA. Hudson Oaks includes healthy green features designed to save residents money, promote air quality and protect the environment. On-site property management and resident services will also be provided for all residents.
|One Bedroom (1/1)||-||$466|
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. 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. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Pasadena but actual income limits may differ for units at Hudson Oaks.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$41,400||$47,300||$53,200||$59,100||$63,850||$68,600||$73,300||$78,050|
|Low Income (60%)||$49,680||$56,760||$63,840||$70,920||$76,620||$82,320||$87,960||$93,660|
Hudson Oaks is managed by Abode Communities.