1105 Flats is a community that
supports renters facing high rental costs by providing reasonably
priced housing for moderate-income families. This program increases
the availability of economical homes, making it easier for renters
to find budget-friendly options. It also helps lower overall
housing costs, benefiting everyone by reducing local inflation
pressures.
Our mission is to create a true sense of home for all prospective
residents to reside within our beautiful community. Take the
first step towards your future home today – contact us to learn
more and see if you qualify!
Household
Size
Maximum Allowable Household Income
for 80%
1
$68,500
2
$78,250
3
$88,050
4
$97,800
5
$105,650
6
$113,450
7
$121,300
Household Size
The household size includes each
person who will reside in the home regardless of age.
Household Income
All income from any income source,
including but not limited to, all wages, social security payments,
retirement benefits, military and veteran disability payments,
welfare and unemployment benefits, and any interest and dividends
payments.
Maximum Household Gross
Income
The US Department of Housing of Urban
Development publishes annual income limits based on household size
that are used to determine the maximum household income. The rent
program that your household may be eligible for is based on the
income limits noted above.