Hello I currently live in Washington state and I was wondering on a rental application there is an application cover letter that supplies you info about filling out the application & who is eligible to live at our property? & info about the waiting list along with a few other information topics that consists of 2 pages. my question is.
under the part (who is eligible to live at our property?) it states -- this property is a HUD Project-Based section 8 program, which offers rent subsidies to low income individuals and families. rents at this property are all HUD subsidized and are equal to 30% of your monthly adjusted income. All major utilities are included in your rent.
what does it mean by (All major utilities are included in your rent.) and what is considered your monthly adjusted income and how to calculate the 30%
Thank you for you time I greatly appreciate it
Sincerely Teresa
under the part (who is eligible to live at our property?) it states -- this property is a HUD Project-Based section 8 program, which offers rent subsidies to low income individuals and families. rents at this property are all HUD subsidized and are equal to 30% of your monthly adjusted income. All major utilities are included in your rent.
what does it mean by (All major utilities are included in your rent.) and what is considered your monthly adjusted income and how to calculate the 30%
Thank you for you time I greatly appreciate it
Sincerely Teresa