Kelly Rent Control LI

Description

The purpose of the LURA program is to provide affordable housing to low-income households by limiting the maximum rent that can be charged for a unit and by requiring that some or all of the units be made available only to households with incomes below a percentage (e.g. 50% & 80%) of the Average Median Income.

80% AMI –
1-person occupancy income limit is $61,000.
2-person occupancy income limit is $69,700.
3-person occupancy income limit is $78,400.
4-person occupancy income limit is $87,100.
5-person occupancy income limit is $94,100.

LURA units are 12 month leases only!* 

Please note, renderings are an artist’s conception and are intended only as a general reference. Features, materials, finishes, layouts, and square footage may differ from the image shown.