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income-guidelines

income-guidelines

Modern Living with Maximum Income Limits

Ironhorse at Tramonto offers quality apartment homes with reduced rents through an affordable housing program. Eligibility is based on total household income and household size. Review the income limits below to see if you may qualify.

Are you a Qualified Applicant?

Our leasing team is happy to guide you through the process. Eligibility is based on total household income before taxes, and all adults in the household must be included in the application.

Maximum Income Limits by Number of Occupants
Household Size → 1 2 3 4 5 6 7 8
50% AMI $39,300 $44,850 $50,500 $56,100 $60,600 $65,100 $69,600 $74,100
Waived Application ($75 per applicant)

What Is Considered Household Income?

Household income may include, but is not limited to:

  • Employment wages or salary
  • Overtime, bonuses, or commissions
  • Social Security or disability income
  • Retirement or pension income
  • Child support or alimony
  • Self-employment income
Administrative Fees
($200) Waived at Move-In

Participating Employers

Frequently Asked Questions

What if my income changes?
Income eligibility is determined at the time of application. Our team can help review any changes.

Does everyone qualify for affordable housing?
Affordable housing is income-based, and not all households will qualify. Reviewing the income limits above is the best first step.

How long does the approval process take?
Approval timelines may vary based on documentation provided. Our team will keep you informed throughout the process.

Ready to Join Our Team?

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