125 Olmito St

125 Olmito St, Alice, Texas 78332

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125 Olmito St Details

  • 21 units.
  • Project-Based Rental Assistance

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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 property are based on tenant incomes. 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.

Alice HUD Rental Assistance Income Qualifications

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $12,140 $16,460 $20,780 $25,100 $29,420 $32,800 $35,050 $37,300
50% $19,800 $22,600 $25,450 $28,250 $30,550 $32,800 $35,050 $37,300
80% $31,650 $36,200 $40,700 $45,200 $48,850 $52,450 $56,050 $59,700

125 Olmito St receives rental subsidies through HUD-Assisted Housing for some or all of its apartments. Some units may be designated as market rate housing.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. Market rate units would have no subsidies or income restrictions.

Figuring out income and rent limits for affordable housing can be complex 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.