November 18, 2020
GRACE HOMES NOW ACCEPTING APPLICATIONS

NOW ACCEPTING APPLICATIONS

The Housing Authority of the City of Charleston began pre-leasing its affordable housing development at 110 & 114 Cooper Street, Thursday, October 1st, 2020.

This development has income restrictions as follows:

1 – 2 persons (1 bedroom / 586-600 total sq.ft) – Per Month Rent: $1164
Minimum annual income of $14,400
Maximum salary $28,300

2 – 4 persons (2 bedrooms 782-965 total sq.ft. ) – Per Mo. Rent: $1327
Minimum annual income of $22,140
Maximum salary $36,450

3 – 6 persons (3 bd flat 1144 total sq.ft.) Per Mo. Rent: $1698
OR (3 bd loft total 1122-1376 sq.ft.) Per Mo. Rent: $1798
Minimum annual income of $28,880
Maximum salary $43,750

The mix of units for very low income is:
25 – 1 bedroom
5 – 2 bedrooms
5 – 3 bedrooms

The mix of units for workforce housing is:
22 – 2 bedrooms
5 – 3 bedrooms