Affordability Requirements
Affordability Requirements Capitol Vista is an affordable housing community. Following are the income guidelines and rental rates applicable to Capitol Vista. The following qualifying income limits apply for all future residents. In order to qualify, the maximum household total gross income based on the number of occupants in your home must be less than noted in the following chart.
Income Limits – Low Income Housing Tax Credit (LIHTC) at 50%
| Number of Persons | Maximum Income |
|---|---|
| 1 | $45,150 |
| 2 | $51,600 |
| 3 | $58,050 |
| 4 | $64,500 |
| 5 | $69,700 |
Rents – LIHTC 50%
| Apartment Size | Rental Rate | Minimum Income |
|---|---|---|
| 1 Bedroom | $1,159(LIHTC) | $33,840 |
| 2 Bedroom | $1,388(LIHTC) | $36,270 |
Utility Allowance
| Bedroom Size | Utility Allowance |
|---|---|
| 1 Bedroom | $50.00 |
| 2 Bedroom | $63.00 |
Household Size Maximums
| Bedroom Size | Maximum Number of Occupants |
|---|---|
| 1 Bedroom | 3 |
| 2 Bedroom | 5 |
Administration Fee – $30.00