Eligibility
Kelly Station Apartments is an affordable apartment community with income-restriction guidelines.
HOUSEHOLD SIZE: Includes each person who will reside in the home.
HOUSEHOLD INCOME: All income from any income source, including but not limited to, all wages, social security payments, retirement benefits, military and veteran's disability payments, unemployment benefits, welfare benefits, and interest and dividend payments.
MAXIMUM ALLOWABLE HOUSEHOLD INCOME: HUD (US Department of Housing of Urban Development) publishes annual income limits based on household size that are used to determine the maximum household income.
If all household members are full-time students, please call the office to discuss.
| 2026 LIHTC MAX RENTS & INCOME REQUIREMENTS | 2026 DANE COUNTY MAXIMUM HOUSEHOLD INCOME LIMITS | |||||||||
| BEDROOM | AMI | MAX RENT | MIN. MONTHLY INCOME (2.5X) | MIN. ANNUAL INCOME | HOUSEHOLD SIZE | MAXIMUM ANNUAL HOUSEHOLD INCOME | ||||
| 1 BEDROOM | 30% | $684.00 | $1,710.00 | $20,520.00 | 30% | 40% | 50% | 80% | ||
| 40% | $938.00 | $2,345.00 | $28,140.00 | 1 | $28,440 | $37,920 | $47,400 | $75,840 | ||
| 50% | $1,192.00 | $2,980.00 | $35,760.00 | |||||||
| 80% | $1,614.00 | $4,035.00 | $48,420.00 | 2 | $32,490 | $43,320 | $54,150 | $86,640 | ||
| 2 BEDROOM | 30% | $818.00 | $2,045.00 | $24,540.00 | ||||||
| 40% | $1,123.00 | $2,807.50 | $33,690.00 | 3 | $36,540 | $48,720 | $60,900 | $97,440 | ||
| 50% | $1,427.00 | $3,567.50 | $42,810.00 | |||||||
| 80% | $2,163.00 | $5,407.50 | $64,890.00 | 4 | $40,590 | $54,120 | $67,650 | $108,240 | ||
| 3 BEDROOM | 30% | $937.00 | $2,342.50 | $28,110.00 | ||||||
| 40% | $1,289.00 | $3,222.50 | $38,670.00 | 5 | $43,860 | $58,480 | $73,100 | $116,960 | ||
| 50% | $1,641.00 | $4,102.50 | $49,230.00 | 6 | $47,100 | $62,800 | $78,500 | $125,600 | ||
| 80% | $2,566.00 | $6,415.00 | $76,980.00 | 7 | $50,340 | $67,120 | $83,900 | $134,240 | ||