Sutterfield Homes, located at 12 South Ln in Providence, has one, two and three bedroom apartments. Sutterfield Homes participates in the Low-Income Housing Tax Credit (LIHTC) program.
Last updated on January 7th, 2019
|1 Bedroom (1/1)||601||$730|
|2 Bedroom (2/1)||756||$1,045|
|3 Bedroom (3/1)||904||$1,097|
Settle into the welcoming community of Sutterfield Apartment Homes. With a choice of one, two and three-bedroom homes, Sutterfield is sure to meet your needs.
Ideally located in Providence’s Wanskuck neighborhood in the northern section of the city, with easy access to I-95, 295, 146, and the #50 bus. Our spacious living areas enhance comfort, while conveniences such as fully equipped kitchens, central air conditioning, and three laundry centers help cut down on chore time, leaving more time for fun.
Live within your means, but not below your expectations.
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.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Providence but actual income limits may differ for units at Sutterfield Homes.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$28,700||$32,800||$36,900||$40,950||$44,250||$47,550||$50,800||$54,100|
|Low Income (60%)||$34,440||$39,360||$44,280||$49,140||$53,100||$57,060||$60,960||$64,920|
Sutterfield Homes was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.
Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.
Sutterfield Homes is managed by Fairfield Homes.