Ransom Towers

50 Ransom Ave NE, Grand Rapids, Michigan 49503

Ransom Towers Details

  • 153 bedroom units.
  • Section 8 Project-Based Rental Assistance

Section 8 Project-Based Rental Assistance

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.

Grand Rapids HUD Rental Assistance Income Qualifications

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 Grand Rapids but actual income limits may differ for units at Ransom Towers.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $18,800 $21,500 $24,200 $27,750 $32,470 $37,190 $41,910 $46,630
50% $31,350 $35,800 $40,300 $44,750 $48,350 $51,950 $55,500 $59,100
80% $50,150 $57,300 $64,450 $71,600 $77,350 $83,100 $88,800 $94,550

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