Lincoln Terrace - Low Income Apartments in Wray, CO

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Last-Modified: 2023-06-20 05:20:03

Lincoln Terrace is a HUD Apartment. HUD residents usually pay 30% of their gross income for rent. The rent amount, less approved HUD deductions such as medical and child care expenses, and other allowances, includes a utility allowance. HUD Residents also may choose to pay what is known as flat rent. The HACC works with applicants to determine which rent arrangement is best for them.

Median apartment rental rate in this zip code: $785
Population in zip code: 3,657
Media age of those living in this zip code: 41.7
Media household income of those living in this zip code: $53,858
Average home value in this zip code: $169,325

Lincoln Terrace is a senior low income housing apartment subsidized by the federal governments HUD (Housing and Urban Development Division). Contact Lincoln Terrace for complete details on the current vacancies and housing applications.

1. Research all of the different low-income housing programs available in your area. There are a variety of federal, state, and local programs that offer low-income housing assistance. Each program has its own eligibility requirements and application process, so it is important to do your research to find the program that is right for you.
2. Get all of your documentation in order: When you apply for low income housing, you will need to provide documentation of your income, assets, and household composition. This documentation may include tax returns, pay stubs, bank statements, and birth certificates.
3. Be careful and accurate on all information provided: Any false or misleading information on your application will most likely result in your disqualification.
4. Waiting Lists: The waiting lists for most, if not all low-income housing programs is long. Do not limit yourself to only apply to one apartment location.

To qualify for low income housing in Colorado, you must meet the following income requirements:

Your household income must be below 80% of the area median income (AMI). The AMI is updated annually by the Department of Housing and Urban Development (HUD) and varies by county.

You must have a valid Social Security number or Individual Taxpayer Identification Number (ITIN).

You must be a U.S. citizen or a legal immigrant.

In addition to the income requirements, you may also need to meet other eligibility requirements, such as:

- You must not have been evicted from any public housing or Section 8 housing in the past three years.
- You must not have any outstanding felony convictions for drug-related offenses.
- You must not be a registered sex offender.

Type: One Bedroom Available

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See ALL Wray Low Income Housing Apartments ALL WRAY Listings

* Mileage is based as direct lines from geocoded point to point (as the crow flies). Please check google maps for exact directions and road miles.

Persons In Family Household	Poverty Guideline
For Households with more than 8 persons, add $4,480 for each additional person.
1	$14,580
2	$19,720
3	$24,860
4	$30,000
5	$35,140
6	$40,280
7	$45,420
8	$50,560

*Alaska and Hawaii have different rates for HUD federal poverty guidelines.
These numbers above represent 100% of the Federal Poverty Rate. In order to get in some apartments the 100% rate changes to things like 200%. In these cases, you will only need to multiply the rate in each category by 2.

Check For Waiting Lists
Most apartments have waiting lists. Search early and do not just settle on one apartment choice.

Contact Your Local Housing Authority
Housing authorities have many opportunities. Many do have closed waiting lists, but they may be able to provide other public housing resources.

Check The Federal Poverty Sliding Scale Guidelines
Check to see if you qualify for low cost or free housing by comparing the guidelines to your income records.

Lincoln TerraceWray, CO - 80758

Lincoln Terrace
Wray, CO - 80758