| AMI* | 1 person | 2 person | 3 person | 4 person |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $15,650 / year | $19,720 / year | $24,860 / year | $30,000 / year |
| 50% AMI for LIHTC Units | $26,050 / year | $29,800 / year | $33,500 / year | $37,200 / year |
| 50% AMI for PBRA Units | $26,050 / year | $29,800 / year | $33,500 / year | $37,200 / year |
| 80% AMI for PBRA Units | $41,650 / year | $47,600 / year | $53,550 / year | $59,500 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
The Terrace is a newly renovated modern high-rise community for seniors that is adjacent to a serene wooded setting. It is one of the most sought-after senior housing communities in the region. Featuring an elegant contemporary façade and upgraded interior finishes, it provides contemporary living. The 90 total unit building consists of one and two-bedrooms apartments. It boasts great city views and is within walking distance of the farmers market, local banks, downtown Montgomery and access to public transportation at its doorstep.
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