Swan Pond Village is managed by Weston Associates.
Swan Pond Village is a wood framed garden style apartment community set on a 30 acre campus located on Swan Pond, South Yarmouth, Massachusetts. Occupancy is open to all families. Subsidy is provided through the Project-Based Section 8 Program and rents are based upon 30% of the household adjusted gross income.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 550 | Call for Price |
2 Bedroom (2/1) | 900 | Call for Price |
3 Bedroom (3/1.5) | 1200 | Call for Price |
4 Bedroom (4/1.5) | 1300 | Call for Price |
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 South Yarmouth but actual income limits may differ for units at Swan Pond Village.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $24,200 | $27,650 | $31,100 | $34,550 | $37,350 | $40,280 | $45,420 | $50,560 |
50% | $40,300 | $46,050 | $51,800 | $57,550 | $62,200 | $66,800 | $71,400 | $76,000 |
80% | $64,450 | $73,650 | $82,850 | $92,050 | $99,450 | $106,800 | $114,150 | $121,550 |
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.
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.