Cherrywood Senior Apartments

About This Building

Title: Affordable Senior Apartments for 62+ Section 1: Apartment Details - Total Number of Apartments: 30 - Dedicated Low Income Apartments: 30 - One Bedroom Apartments: 30 - Years in Service Since: 2016 Section 2: Income-based Rent - Rent Determination: Monthly rent is calculated based on the area's income and apartment size. Market rates are also considered. - Rent Restrictions: Rents cannot exceed market values in the area, but they may vary and adjust over time. Section 3: Important Information Subsection 3.1: Waiting Lists - Waiting Lists: Most low income apartments have waiting lists, some that might take years until receiving an opening. - Strategy: it is recommended to join multiple waiting lists to increase chances of availability. Subsection 3.2: Contact Apartments Directly - Direct Contact: Phone numbers and websites provided for direct communication with the apartments. - Purpose: Call to inquire about current openings or open waiting lists. Subsection 3.3: Apartment Rates - Availability of Rates: Most listings do not have published rates, including those by HUD. - Calculation: Rates are determined as 30% of the renter's adjustable gross income. - Qualification: Contact the apartments directly to confirm eligibility for income-based rent.