OVERVIEW
Residency in all of the apartments at Frances is limited to those households having low to moderate incomes. In addition to standard wages, income includes monies received from many sources such as alimony, child support, pensions and social security, etc. The units at Frances Apartments will serve below income groups. Listed below are the current (2020) maximum allowable incomes (by household size) for Monroe County:
FRANCES APARTMENTS I
50% Limits - Minimum Income Requirement 1Bdr $15,700
Income Cannot Exceed:
1 person: $26,750 Annual Gross Income
2 person: $30,600 Annual Gross Income
3 person: $34,400 Annual Gross Income
4 person: $38,200 Annual Gross Income
5 person: $41,300 Annual Gross Income
6 person: $44,350 Annual Gross Income
Unit
Occupancy
# Units
Rent
Utility Allowance
1 Bdr
Min 1/Max 2
24
$547
$81
60% Limits - Minimum Income Requirement 2Bdr $20,450, 3Bdr $25,280
Income Cannot Exceed:
1 person: $32,100 Annual Gross Income
2 person: $36,720 Annual Gross Income
3 person: $41,280 Annual Gross Income
4 person: $45,840 Annual Gross Income
5 person: $49,560 Annual Gross Income
6 person: $53,220 Annual Gross Income
Unit
Occupancy
# Units
Rent
Utility Allowance
2 Bdr
Min 2/Max 4
12
$709
$109
3 Bdr
Min 3/Max 6
11
$876
$135
80% Limits - Minimum Income Requirement 2Bdr $23,600, 3Bdr $26,975
Income Cannot Exceed:
1 person: $42,800 Annual Gross Income
2 person: $48,960 Annual Gross Income
3 person: $55,040 Annual Gross Income
4 person: $61,120 Annual Gross Income
5 person: $66,080 Annual Gross Income
6 person: $70,960 Annual Gross Income
Unit
Occupancy
# Units
Rent
Utility Allowance
2 Bdr
Min 2/Max 4
4
$835
$109
3 Bdr
Min 3/Max 6
5
$944
$135
FRANCES APARTMENTS II
Tenant is responsible for payment of gas and electric bills.
Water, Sewer and Trash included.
Off street parking.
Energy Star appliances and fixtures.
Washer/Dryer hookups, balcony/patio.
All homes are located on or near a public bus line.
50% Limits - Minimum Income Requirement 1Bdr $15,125, 3Bdr $20,975
Income Cannot Exceed:
1 person: $26,750 Annual Gross Income
2 person: $30,600 Annual Gross Income
3 person: $34,400 Annual Gross Income
4 person: $38,200 Annual Gross Income
5 person: $41,300 Annual Gross Income
6 person: $44,350 Annual Gross Income
Unit
Occupancy
# Units
Rent
60% Limits - Minimum Income Requirement 1Bdr $16,425, 3Bdr $22,850
Income Cannot Exceed:
1 person: $32,100 Annual Gross Income
2 person: $36,720 Annual Gross Income
3 person: $41,280 Annual Gross Income
4 person: $45,840 Annual Gross Income
5 person: $49,560 Annual Gross Income
6 person: $53,220 Annual Gross Income
Unit
Occupancy
# Units
Rent
1 Bdr
Min 1/Max 2
19
$657
3 Bdr
Min 3/Max 6
19
$914