SIUSLAW DUNES APARTMENTS

This property is financed with funding from the Department of Housing and Urban Development (HUD). It is a 45 unit Family Complex. Section 8 rent subsidy is available for each unit. To be eligible for admission, applicants cannot have a gross annual income that exceeds the HUD very low income limits. If an applicant with gross annual income over the very low level is admitted for occupancy, that person will pay Market Rent. Applicants must be capable and willing to pay rent that is equal to 30% of their adjusted income, 10% of their gross monthly income, or the $25.00 minimum rent; whichever is greater. Applicants must demonstrate the ability to pay monthly utilities and other essential living expenses in addition to rent.

Applicants with one or more members enrolled at an institution of higher education (students) are ineligible to receive assistance unless they are, applying to live with their parents/guardians, are 24 years of age, a veteran, are married, or have one or more dependent children, and if the students parents are, individually or jointly, eligible for assistance, unless the student can demonstrate being an eligible independent from his/her parent as defined in the HUD regulations handbook 4350.3 Chapter 3 paragraph 3-13 (A)(3), (a), (b), (c) and (d).

If a student is accepted for occupancy, all educational financial assistance will be counted as income, less the cost of tuition and not to include loans. Educational financial assistance provided to those students who are over the age of 23, with dependent children, is exempt.

Property Type:  HUD Section 8 Housing

SIUSLAW DUNES	1 BEDROOM	2 BEDROOM	3 BEDROOM
# OF APARTMENTS	6	31	8
*SQUARE FOOTAGE	500	804	1,040
**RENTS	$776 - $812	$833 - $873	$944 - $1,009
UTILITY ALLOWANCE	$35	$40	$65

SIUSLAW DUNES, LANE COUNTY INCOME LIMITS

	1 PER	2 PER	3 PER	4 PER	5 PER	6 PER	7 PER	8 PER
EL	$12,000	$13,700	$15,450	$17,150	$18,500	$19,900	$21,250	$22,650
VL	$20,000	$22,900	$25,750	$28,600	$30,900	$33,200	$35,450	$37,750