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Residents of Olsen West must meet a minimum age requirement of 62 years old.
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. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.
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 Sedalia but actual income limits may differ for units at Olsen West Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $12,760 | $17,240 | $21,720 | $26,200 | $30,300 | $32,550 | $34,800 | $37,050 |
50% | $19,650 | $22,450 | $25,250 | $28,050 | $30,300 | $32,550 | $34,800 | $37,050 |
80% | $31,450 | $35,950 | $40,450 | $44,900 | $48,500 | $52,100 | $55,700 | $59,300 |
Olsen West Apartments is managed by Key Management Company.