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Holland Homes has 114 one bedroom apartments which have federal Section-8 subsidy attached.  This means that a person qualifying to live at 
Holland Homes must first be at least 62 years old and total income must be at or below the current posted income limits ($33,350.00 for a single family household and $38,100.00 for a two person household).

On Section-8  assisted units, the rent portion that the resident pays is based on a  calculation of income and expenses.  Generally speaking, the adjusted income  would be multiplied by 30% to determine a residents rent.   As an example, a  person with an income of $15,000.00 and adjustments (medical expenses) of  $4,000.00 annually would pay monthly rent of $275.00 / month.  

A persons monthly rent can not be calculated without all of  the income and expenses being considered so rent on the S-8 units is variable 
based on these factors.   Once you apply for an apartment, you will be given a calculation of what the monthly resident rent portion would be. 
 
More detailed information is available for you at the site or at the web site.
www.hud.gov.   

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