Eighteen garden-style apartments, including 14 two bedroom apartments, and 4 one bedroom apartments
Apartments are based on availability, and, in some cases, program restrictions apply.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | From $360 To $470 |
2 Bedroom (2/1) | - | From $415 To $550 |
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 Dover but actual income limits may differ for units at New Hope Housing II.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $28,600 | $32,700 | $36,800 | $40,850 | $44,150 | $47,400 | $50,700 | $53,950 |
Low Income (60%) | $34,320 | $39,240 | $44,160 | $49,020 | $52,980 | $56,880 | $60,840 | $64,740 |
New Hope Housing II is managed by Columbus Property Management.
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.