Stanford Place

2213 Bower Ln SE, Cleveland, Tennessee 37311

Contact Stanford Place

Message Stanford Place

Stanford Place Details

  • 12 bedroom units.
  • Section 202 Supportive Housing for the Elderly

Section 202 Supportive Housing for the Elderly

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.

Cleveland 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 Cleveland but actual income limits may differ for units at Stanford Place.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $13,750 $18,310 $23,030 $27,750 $32,470 $37,190 $40,500 $43,100
50% $22,900 $26,150 $29,400 $32,650 $35,300 $37,900 $40,500 $43,100
80% $36,600 $41,800 $47,050 $52,250 $56,450 $60,650 $64,800 $69,000

Nearby Low Income Apartment Communities

Cleveland Summit

44 Inman St
Cleveland, Tennessee
Income Based
Studio-1 BR
Subsidized

Horizon Square Apartments

2324 Georgetown Rd NW
Cleveland, Tennessee
1 BR
Subsidized

Cherokee Hills Apartments

2020 Bates Pike SE
Cleveland, Tennessee
$665-775
2-4 BR

The Preserve

4921 N. Lee Hwy
Cleveland, Tennessee
$558-661
1-2 BR