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Blackstone Terrace
182 Cumberland Street, Woonsocket, Rhode Island 02895
Located in Woonsocket, Rhode Island, Blackstone Terrace is an apartment community offering one, two, three, and four bedroom apartment homes for rent. Professionally managed by Housing Management Resources, Inc., Blackstone Terrace offers residents a variety of amenities, including kitchens equipped with energy efficient appliances, community laundry facilities, and 24 hour emergency maintenance service. Blackstone Terrace is conveniently located near public transportation, as well as Routes 146 and 99, allowing residents to take advantage of everything that just a short drive south to Providence has to offer. We are within walking distance of local parks and options for recreation, as well as options for dining, shopping, and entertainment, like the Saint Ann Art & Cultural Center. “Our “Working Family Preference†means that a family with at least 1 working member (or if the head, co-head, or sole member is age 62 or older, or is a disabled person) will be given preference over all other nonworking applicants.â€
Contact our on site staff to schedule a tour of your new home at Blackstone Terrace today!
Units
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 BR (1/1) | 576 | Income Based |
| 2 BR (2/1) | 840 | Income Based |
| Three Bedroom (3/2) | 1020 | Income Based |
| Four Bedroom (4/2) | 1260 | Income Based |
Blackstone Terrace Details
- 122 one, two, three and four bedroom units.
- Section 8 Project-Based Rental Assistance
- Low-Income Housing Tax Credit (LIHTC)
Property Amenities
- Off-Street Parking
- Laundry Facilities
- 24 Hour Maintenance
Unit Amenities
- Cable Ready
- Energy Efficient Appliances
- Custom Blinds
- Wall-to-Wall Carpeting
- Featured Accent Wall
Nearby Amenities
- Close to Public Transportation
- Close to Shopping
- Near Library
Office Hours
| Day | Hours |
|---|---|
| Monday | 9:00am-5:00pm |
| Tuesday | 9:00am-5:00pm |
| Wednesday | 9:00am-5:00pm |
| Thursday | 9:00am-5:00pm |
| Friday | 9:00am-5:00pm |
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. 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.
Low-Income Housing Tax Credit (LIHTC)
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.
Woonsocket 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 Woonsocket but actual income limits may differ for units at Blackstone Terrace.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $18,300 | $20,900 | $23,500 | $26,200 | $30,680 | $35,160 | $39,640 | $44,120 |
| 50% | $30,450 | $34,800 | $39,150 | $43,500 | $47,000 | $50,500 | $53,950 | $57,450 |
| 80% | $48,750 | $55,700 | $62,650 | $69,600 | $75,200 | $80,750 | $86,350 | $91,900 |
Woonsocket Low-Income Housing Tax Credit Income Limits
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 Woonsocket but actual income limits may differ for units at Blackstone Terrace.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| Very Low Income (50%) | $30,450 | $34,800 | $39,150 | $43,500 | $47,000 | $50,500 | $53,950 | $57,450 |
| Low Income (60%) | $36,540 | $41,760 | $46,980 | $52,200 | $56,400 | $60,600 | $64,740 | $68,940 |
These general income qualifications for Woonsocket, Rhode Island should only be used as a basic guide. To find out if you qualify, contact the community directly.
Blackstone Terrace was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program and receives rental subsidies through HUD-Assisted Housing. These programs have different income limits that can lead to apartments in the same property having different income requirements.
You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. However, you can earn at most 60% of AMI to be eligible for a LIHTC property and many units may be set aside for those with the lowest incomes (down to 15% of AMI). LIHTC properties may also contain some market rate units.
Since Blackstone Terrace has both programs, the most restrictive of the income limits will apply for each unit. If the entire property is funded by LIHTC, the LIHTC income limit of 60% AMI would be used for all units. Apartments in properties with some units not funded by the LIHTC, but receiving Section 8 assistance, would be open to households making up to 80% AMI. Market rate units would have no subsidies or income restrictions.
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.
Blackstone Terrace is managed by Housing Management Resources.
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