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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.
Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.
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 Cuyahoga Falls but actual income limits may differ for units at Portage Trail Village.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $16,050 | $18,350 | $21,720 | $26,200 | $30,680 | $35,160 | $39,640 | $44,120 |
50% | $26,750 | $30,550 | $34,350 | $38,150 | $41,250 | $44,300 | $47,350 | $50,400 |
80% | $42,750 | $48,850 | $54,950 | $61,050 | $65,950 | $70,850 | $75,750 | $80,600 |
Portage Trail Village is managed by National Church Residences.