Rent Information


Windmill Place receives funding from USDA, HUD and a tax credit investment firm. With each of these funding sources there are rules for determining rent. Rent for apartments in Windmill Place is set on a sliding scale. Two factors are considered when determining your rent.

The first factor is the five levels (Tiers) of rent. Each apartment is assigned a Tier and a rent amount. Rent amounts change once a year.

  1 Bedroom 2 Bedroom
Tier 1 $467 $551
Tier 2 $638 $755
Tier 3 $770 $858
Tier 4 N/A $907
Tier 5 $857 $979

The second factor for determining rent is your income. Income includes wages, pensions, Social Security, interest from assets, distributions from investments and imputed interest from non-income earning assets. Calculating household income is similar to figuring gross annual income for income taxes. The Tier of apartments you are eligible for is determined by your total household income.

For example: if you are single and your total income is $31,250 you are eligible for an apartment in Tier 3 and will pay rent of $858 for a 2 bedroom apartment.

1 BEDROOM RENT 1 PERSON MAX INCOME 2 PERSON MAX INCOME
Tier 1 $467 $19,830 $22,650
Tier 2 $638 $26,440 $30,200
Tier 3 $770 $33,050 $37,750
Tier 4 N/A $39.660 $45,300
Tier 5 $857 $50,350 $57,550
2 BEDROOM RENT 1 PERSON MAX INCOME 2 PERSON MAX INCOME
Tier 1 $551 $19,830 $22,650
Tier 2 $755 $26,440 $30,200
Tier 3 $858 $33,050 $37,750
Tier 4 $907 $39,660 $45,300
Tier 5 $979 $50,350 $57,550