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Eligibility


Riverwalk Apartments is a mixed-income community that offers apartment homes for unrestricted and restricted income residents. Restricted Income residents are subject to the Maximum Allowable Household Incomes identified below.

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 veterans disability payments, welfare and unemployment benefits and any interest and dividends payments.
MAXIMUM ALLOWABLE HOUSEHOLD INCOME: HUD (“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 below.
 

 

HOUSEHOLD SIZE

MAXIMUM ALLOWABLE

HOUSEHOLD INCOME FOR 50%

MAXIMUM ALLOWABLE

HOUSEHOLD INCOME FOR 60%

1

$35,000

$42,000

2

$40,000

$48,000

3

$45,000

$54,000

4

$50,000

$60,000

5

$54,000

$64,800

6

$58,000

$69,600

7

$62,000

$74,400

8

$66,000

$79,200