Unity Terrace

480 Leonard Ave. Extension, Fairmont, West Virginia 26554

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Units

Unit (Bd/Ba) Ft2 Rent
Efficiency (Studio/1) 432 Call for Price
One Bedroom (1/1) 614 Call for Price
Two Bedroom (2/1) 832 Call for Price
Three Bedroom (3/1) 1054 Call for Price

Unity Terrace Details

  • 100 studio, one, two and three bedroom units.
  • Project-Based Rental Assistance

Unit Amenities

  • Cable Ready
  • Carpet
  • Refrigerator

Nearby Amenities

  • Close to Dining
  • Close to Public Transportation
  • Close to Shopping
  • Near Park
  • Near Schools

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.

Section 538 Guaranteed Rural Rental Housing

Section 538 is an affordable rural rental housing program for households earning incomes at or below 115% of the area median income.

Fairmont HUD Rental Assistance Income Qualifications

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $14,250 $16,460 $20,780 $25,100 $29,420 $33,740 $38,060 $42,380
50% $23,800 $27,200 $30,600 $33,950 $36,700 $39,400 $42,100 $44,850
80% $38,050 $43,450 $48,900 $54,300 $58,650 $63,000 $67,350 $71,700

Unity Terrace 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.

Unity Terrace is managed by TM Associates Management, Inc.

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