| AMI* | 1 person | 2 person | 3 person | 4 person | 5 person | 6 person | 7 person | 8 person |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $30,000 / year | $34,300 / year | $38,600 / year | $42,850 / year | $46,300 / year | $49,750 / year | $53,150 / year | $56,600 / year |
| 50% AMI for LIHTC Units | $50,050 / year | $57,200 / year | $64,350 / year | $71,450 / year | $77,200 / year | $82,900 / year | $88,600 / year | $94,350 / year |
| 50% AMI for PBRA Units | $50,050 / year | $57,200 / year | $64,350 / year | $71,450 / year | $77,200 / year | $82,900 / year | $88,600 / year | $94,350 / year |
| 60% AMI for LIHTC Units | $60,060 / year | $68,640 / year | $77,220 / year | $85,740 / year | $92,640 / year | $99,480 / year | $106,320 / year | $113,220 / year |
| 80% AMI for PBRA Units | $66,750 / year | $76,250 / year | $85,800 / year | $95,300 / year | $102,950 / year | $110,550 / year | $118,200 / year | $125,800 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
The Hansen RAD LLC administers 147 Project Based Voucher (PBV) units in two (2) senior citizens and/or disabled high rise buildings. The RAD provides safe and decent housing to senior citizens and disabled individuals. These units are financed through HUD’s section 8 program and NJHMFA low-income tax credits (LIHTC). Applicants must be eligible according to the very-low income limits established by HUD. Families pay 30% of their total family adjusted gross income as rent, which is capped at the LIHTC maximum rents.
Applicants must supply income of all family members, provide U.S. citizenship and/or immigration status and provide social security numbers. The RAD also does a credit, criminal and housing screening check through third party verification with other agencies and also computer matching. Upon completion of the screening process the eligible family or individual would be offered a unit according to family composition and family needs; handicapped accessible unit (accessible and designed with ramps, grab bar, lower counters).
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