Lawrence Station Development Hosts Below Market Rate Rental Program Webinar Today

By Robert Haugh

Lawrence Station, a Summerhill Homes housing development, will have 10 units for “low income” households and 88 units for “moderate income” households.

Here’s the chart that lists income qualifications:

This project is part of the Lawrence Station Area Plan that the City Council adopted in November, 2016.

LAWRENCE STATION

You can join a Zoom webinar to learn about the program and how to apply. It’s being held today, November 19 from 6-7:30 p.m. To register in advance, go to this link.

3 comments

  1. Realistic low salaries in SC are currently: $15.65 x (40 hrs/wk x 52 wks/yr) = $32,552 annual salary ($15.65 is minimum wage – note that most minimum wage workers are not able to work 40 hr/wk because they are not given the hours). $20 x (40 hrs/wk x 52 wks/yr) = $41,600 annual salary. So the chart above is a travesty unless the complex allows roommates to apply together. For example 2 people, each making $41,600 would meet the low income amount for 2 people while 3 roommates, each making $32,552, would meet the low income amount for 3 people in a household. Why do I suspect that the complexes will not allow roommates to apply together ….

    • Cumulus: In fact, “the complex” will allow roommates apply together. They are legally prohibited from not doing so, for either market-rate or affordable units.

      • @Michael, That’s great news. I wonder how many minimum wage earners know about this? Also, I wonder how the renter’s application process works for this scenario because recently, when my spouse and I tried to rent, we ran up against an automated process that seemed designed to screen-in a highly select group of renters (i.e., not us). We are definitely not low income but, as retired folks, rental office managers seemed flummoxed that 1) we were retired and therefore were not working; 2) as adults whose personal information had been leaked to the dark web through our former employers’ databases we had locked our credit reports and needed to unlock them for each application (they were baffled by the process though it was pretty simple). We had plenty of supporting bank account, SS, and other documentation. But anything that made office staff have to do something they weren’t used to doing was a clear problem for them. Ultimately we solved our problem but I’m wondering how easy this process will be for low-earning roommates who may not even have a credit report because, for example, they live in a cash world.

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