How do I know if my income qualifies me for an affordable apartment?

You can qualify for LIHTC housing if you earn less than 60% of the median income for your area. To qualify for rental subsidies such as Section 8 Housing (when you only pay 30% of your income for rent), you’ll need to earn less than 50% of the median income. Many programs target even lower income people, even as low as 30% of the median income, so make sure you ask the property manager what is available and to find out if you qualify.

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Monroe Group