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WebDec 22, 2024 · Rent for an income-restricted apartment is capped at a percentage of the median income for the area, and it’s based on the apartment’s size. Income-based … WebDec 22, 2024 · Rent for an income-restricted apartment is capped at a percentage of the median income for the area, and it’s based on the apartment’s size. Income-based housing, on the other hand, is capped at 30% of the tenant’s gross income. In both cases, the remainder of market value rent is subsidized by the government. Types of housing … cindy lewis state farm
What You Need to Know About Income-Restricted Housing
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