HUD will provide Housing Assistance Payments on behalf of eligible lower income persons or couples defined above. This payment will make up the difference between the approved "market rent" for the unit and the amount the family is required to pay.

"Eligible residents will pay not less than $25 per month nor more than 30% of adjusted income."

EXAMPLE: If your monthly income is $300.00, 30%=$90.00 -- Your share of the rent. HUD pays the balance of the rent to the Management.

You DO NOT pay the utilities; heat, lights, water, and garbage are furnished with the apartment.

Telephone and television service will be paid by you.

Owners must now ask applicants, in writing, as to whether they have transferred property or assets to family or other persons within the last two years. If this has been done, the owner must have a) a date assets were disposed of, b) amount of money received for property disposed of, and c) market value of any property or assets at time of disposition.

All prospective residents must be screened prior to acceptance as to personal character, ability to care for themselves, their compatibility with other people, and their willingness and ability to pay their personal obligations promptly.