| AMI* | 1 person | 2 person | 3 person | 4 person | 5 person | 6 person | 7 person | 8 person |
|---|---|---|---|---|---|---|---|---|
| 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 |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
The Dunlap RAD LLC administers 213 Project Based Voucher (PBV) units in four (4) multifamily complexes. The RAD provides safe and decent housing to low income families, 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.
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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