10 Independence Way, Franklin, MA 02038
Two income-restricted apartments in Franklin, with 1 or 2 bedrooms, for households earning up to 80% of the area's median income.
- Type of listing
- Rental
- Rent
- $1,904–$2,252 a month
- How you get in
- Waitlist
- How to apply
- Online ↗
- Listing page
- SEB Housing ↗
Cost and eligibility
| Size | Rent a month This rent is for households earning up to 80% of the area's median income, the middle income where you live. | Homes |
|---|---|---|
| 1 bedroom | $1,904 | 1 |
| 2 bedrooms | $2,252 | 1 |
Section 8 voucher limits
The voucher limit is not what the voucher pays. It is the most rent and utilities together can cost while you still pay only about 30% of your income.
If rent and utilities together cost the voucher limit or less, you pay about 30% of your income. Your 30% pays for your utilities and part of the rent. The housing office pays your landlord the part of the rent you don't pay.
- You earn $2,000 a month, so your 30% is $600. Rent and utilities cost $1,300, under the $1,500 voucher limit. You pay $600, and the housing office pays your landlord the other $700.
If rent and utilities together cost more than the voucher limit, you pay about 30% of your income plus every dollar above the voucher limit.
- You earn $2,000 a month, so your 30% is $600. Rent and utilities cost $1,600, which is $100 over the $1,500 voucher limit. You pay $600 plus $100, which is $700, and the housing office pays your landlord the other $900.
| Size | Voucher limit |
|---|---|
| 1 bedroom | $2,518 |
| 2 bedrooms | $3,008 |
Income limits
| Household | Maximum income The most your whole household can earn in a year, before taxes. These limits are for the listing's highest income level, 80% of the area's median income. Some homes here may have lower limits. |
|---|---|
| 1 person | $96,000 |
| 2 people | $109,760 |
| 3 people | $123,440 |
| 4 people | $137,120 |
| 5 people | $148,160 |
| 6 people | $159,120 |
How to apply
Next steps
- When a home opens, people on the waitlist are picked to view it.
- To finish, you send full financial information so compliance officers can certify that you qualify.
- Keep your current lease until your new lease is final.
Contact
Details
Run by
Source
Good to know
Last checked