Rent Calculations
Unit rent is based on one of three calculations at Hilltop
- SPRAC (Senior Preservation Rental Assistance Contract) Subsidy
- There are 76 units funded under our SPRAC contract with HUD.
The income limit to qualify for SPRAC is currently $31,650 for one person and $36,150 for a two-person household.
Under SPRAC a resident pays 30% of his/her income for rent.
- Project-based Seattle Housing vouchers
- Hilltop has 30 SHA vouchers.
The tenant pays 30% of his/her income for rent.
The current income limit to qualify for a SHA voucher is $19,400.
- Seattle Market rate
- The remaining 18 apartments rent for 60% of HUD market median income, currently $1,008 for a one bedroom and $942 for a studio.
Prospective tenants applying for residency at Hilltop House must:
- Be 62 years of age or older, a family or couple with at least one member who is age 62 or older
- Meet HUD’s financial criteria for rental assistance (50% of area median income or less) and be willing to pay rent calculated by HUD’s rule (generally 30% of household income.)
- Be a U.S. citizen or an eligible non-citizen entitled to receive assistance under Section 8, Section 236, Rent Supplement, Rental Assistance Payments and Section 202/08 programs
- Maintain the apartment as tenant’s only residence
- Disclose Social Security numbers for all household members and provide proof of the numbers reported
- Sign an Authorizations for Release of Information (HUD Form 9887/9887A) prior to receiving assistance and annually thereafter
- Provide verification of all financial information reported by household
- Have a household size appropriate for the available apartments