Maximum Family Qualifying Income

Studio

Family Size

1 Person

2 Person

Electricity & Utilities

Monthly Rent

Rent & Utilities

Security Deposit

Market Rate

$53,800

$61,500

$115

$1,230

$1,345

$1,845

Qualifing Rates

Month to Month Lease Rate

$53,800

$61,500

$115

$673

$788

$1,010

6 Month Lease Rate

$53,800

$61,500

$115

$603

$718

$905

One Year Lease Rate

$53,800

$61,500

$115

$550

$665

$825



Maximum Family Qualifying Income

One Bedrooms

Family Size

1 Person

2 Person

3 Person (Child under 2)

Utilities

Monthly Rent

Rent & Utilities

Security Deposit

Market Rate

$53,800

$61,500

$69,100

$60

$1,381

$1,441

$2,072

Qualifing Rates

Month to Month Lease Rate

$53,800

$61,500

$69,100

$60

$906

$966

$1,359

6 Month Lease Rate

$53,800

$61,500

$69,100

$60

$846

$906

$1,269

One Year Lease Rate

$53,800

$61,500

$69,100

$60

$764

$824

$1,146



Maximum Family Qualifying Income

Two Bedrooms

Family Size

1 Person

2 Person

3 Person

4 Person

Electricity & Utilities

Monthly Rent

Rent & Utilities

Security Deposit

Market Rate

n/a

$61,500

$69,200

$76,800

$168

$1,562

$1,730

$2,343

Qualifing Rates

Month to Month Lease Rate

n/a

$61,500

$69,200

$76,800

$168

$1,097

$1,265

$1,646

6 Month Lease Rate

n/a

$61,500

$69,200

$76,800

$168

$1,097

$1,265

$1,646

One Year Lease Rate

n/a

$61,500

$69,200

$76,800

$168

$851

$1,019

$1,277



Maximum Family Qualifying Income

Three Bedrooms

Family Size

1 Person

2 Person

3 Person

4 Person

5 Person

6 Person

Utilities

Monthly Rent

Rent & Utilities

Security Deposit

Market Rate

n/a

n/a

$69,200

$76,800

$83,000

$89,100

$68

$1,929

$1,997

$2,894

Qualifing Rates

Month to Month Lease Rate

n/a

n/a

$69,200

$76,800

$83,000

$89,100

$68

$1,590

$1,658

$2,385

6 Month Lease Rate

n/a

n/a

$69,200

$76,800

$83,000

$89,100

$68

$1,285

$1,353

$1,766

One Year Lease Rate

n/a

n/a

$69,200

$76,800

$83,000

$89,100

$68

$1,119

$1,187

$1,679





Month to Month Lease Rates are ONLY for the extension of a 6 month or 1 year lease for no more than 2 months

Rental Rates are determined by qualified family income using HUD maximum income tables dated 03/01/09
Market Rent for Village Court Apartments is equivalent to to 110% of median income rent

Town of Mountain Village Housing Authority fee:

    $50 per Apartment
    $10 for each additional occupant