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 Shelbyville but actual income limits may differ for units at Sycamore Terrace.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $18,450 | $21,050 | $23,700 | $27,750 | $32,470 | $37,190 | $41,910 | $46,630 |
50% | $30,700 | $35,050 | $39,450 | $43,800 | $47,350 | $50,850 | $54,350 | $57,850 |
80% | $49,100 | $56,100 | $63,100 | $70,100 | $75,750 | $81,350 | $86,950 | $92,550 |