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September 2023 Rent FREE Alder Park Apartments offers brand-new 1 and 2 bedroom style homes for individuals 55+ years of age. These are affordable housing units targeted at individuals earning 30%-50% of the Area Median Income, income restrictions apply. NO APPLICATION FEE! This property has utilized federal funding and will require all applicants to provide substantial information as to their household composition, annual income, and assets. Please know that our intention is to help all qualified households successfully lease units at this property, but may need additional information to fully complete the process. Amenities: Washer / Dryer In-Unit Energy-Star Appliances (refrigerator, microwave, self-clean oven, range) Garbage Disposal Air Conditioning- Per HERS rating and Energy-Star In-building elevator Owner paid water, sewer, trash 1 bedroom apartments are $395-$801 2 bedroom apartments are $967 Income restrictions are based on the number of persons in a household. 1 bd Rent $395= maximum gross annual income for a 1 person household $19,500 2 person $22,250 1 bd Rent $482= maximum gross annual income for a 1 person household $32,450 2 person $37,100 1 bd Rent $801/ 2bd Rent $967 = maximum gross annual income for a 1 person household $35,695 2 person $37,100 Application fees are waived Lease term is 12 months Applications are available by email, the box at the entrance, or from the office located inside.
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