Property Info

MFH
  • Charlesgate Park

  • 369 MONTGOMERY AVE
    Providence Providence, RI 02905

Charlesgate Park

Multifamily Housing

(Housing Choice Voucher Program (Section 8), Project Based Assistance, Section 202, Subsidized Housing, and Veterans Affairs Supportive Housing)

Section8

Housing Choice Voucher Program (Section 8)

HUD’s Housing Choice Voucher Program, also known as Section 8, is a government program that provides rental assistance to low-income families, elderly individuals, and persons with disabilities.  The

Learn more
Project Based

Project Based Assistance

The Project-Based Assistance program is one of the many initiatives under the U.S. Department of Housing and Urban Development (HUD) that assist in providing affordable housing options to

Learn more
Section 202

Section 202

HUD’s Section 202 is a government program with the objective to provide affordable housing to low-income seniors aged 62 years or older.  The program offers capital advances and

Learn more
SH

Subsidized Housing

The HUD’s subsidized housing program is a government program that provides affordable housing to low-income families, elderly individuals, and those with disabilities.  The program offers rental assistance to

Learn more
VASH Image

Veterans Affairs Supportive Housing

The Veterans Affairs Supportive Housing Program (VASH) is a mix of housing choice voucher rental assistance and the services offered by the U.S. to the homeless veterans. The

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Last Updated: January 06, 2022

Property Info

Charlesgate Park

369 MONTGOMERY AVE
Providence, RI 02905

Location Call

Contracts associated with the property

  • Total number of active contracts associated with the property1
  • Total number of units across all the active contracts associated with the property100
  • Contract # 1RI43H023014
  • The maximum number of units available on the active contract # 1100
  • The name of the program type for the active contract # 1HFDA/8 NC
  • The fiscal year quarter in which the overall active contract expires, for active contract # 131-MAY-38
  • Contract # 20
  • The maximum number of units available on the active contract # 20
  • The name of the program type for the active contract # 20
  • The fiscal year quarter in which the overall active contract expires, for active contract # 20

Total Affordable Units

Numbers below do not indicate vacancies

  • 0 Bedroom Units

    0
  • 1 Bedroom Units

    91
  • 2 Bedroom Units

    9
  • 3 Bedroom Units

    0
  • 4 Bedroom Units

    0
  • 5 Bedroom Units

    0

100 Total Assisted Units

Numbers below do not indicate vacancies

  • The total number of efficiencies for active contract #1

    0
  • The total number of efficiencies for active contract #2

    0
  • The total number of units with one bedroom for active contract #1

    91
  • The total number of units with one bedroom for active contract #2

    0
  • The total number of units with two bedrooms for active contract #1

    9
  • The total number of units with two bedrooms for active contract #2

    0
  • The total number of units with three bedrooms for active contract #1

    0
  • The total number of units with three bedrooms for active contract #2

    0
  • The total number of units with four bedrooms for active contract #1

    0
  • The total number of units with four bedrooms for active contract #2

    0
  • The total number of units with five or more bedrooms for active contract #1

    0
  • The total number of units with five or more bedrooms for active contract #2

    0

Household

  • Occupied units as the % of units available98.610001
  • Average size of household1.2
  • Average gross household contribution towards rent per month (includes payment toward rent and utilities).285
  • Average federal spending per unit per month (not fully comparable across programs).1008
  • Average total household income per year12078
  • Average household income per person per year10188
  • % of housholds with income below $5,000 per year.3.0899999
  • % of housholds with income between $5,000-$9,999 per year.10.31
  • % of housholds with income between $10,000-$14,999 per year.68.040001
  • % of housholds with income between $15,000-$19,999 per year.11.34
  • % of housholds with income $20,000 or more per year.7.2199998
  • % of households where the majority of household income is derived from a source other than wage and welfare.97.940002
  • Household income as a percent of local area median family income, as defined by HUD13.96
  • % of households with income below 50% of local area median family income98.970001
  • % of households with income below 30% of local area median family income90.720001
  • % with two spouses and 1 or more children under 18 years.1.03
  • % where spouse not present and 1 or more children under 18 years.3.0899999
  • % of households headed by a female.55.669998
  • % of households headed by a female with children.1.03
  • % of households below age 62 where either household head or spouse (or cohead)has a disability.100
  • % of households age 62 or older where either household head or spouse (or cohead) has a disability.54.41
  • % of all persons in household with a disability.57.389999
  • % 24 or less years: household head or spouse (whoever is older).0
  • % 25 to 50 years: household head or spouse (whoever is older).12.37
  • % 51 to 61 years: household head or spouse (whoever is older).17.530001
  • % age 62 and older.70.099998
  • % age 85 and older.7.2199998
  • % Minority.79.379997
  • % Black, non-Hispanic.14.43
  • % Native American, non-Hispanic.4.1199999
  • % Asian or Pacific Islander, non-Hispanic.0
  • % Hispanic (of any race).60.82
  • Average number of months on waiting list among admissions.0
  • Average number of months since moved in.117
  • % with valid utility allowance ($1 to $1000).0
  • Average utility allowance among households who have it (in $ per month).0
  • % of reported households with 0-1 bedroom units91.75
  • % of reported households with 2 bedroom units.8.25
  • % of reported households with 3 or more bedroom units.0
  • % overhoused1.03
  • Minorities as % of total population in the census tract where HUD assisted80.919998
  • Percent of the population below poverty level22.98
  • % of households who are owner-occupants of single-family detached40.380001
  • Total Number of Children5
  • % of household members age 62 or older61.740002
  • % of all household members below age 62 with a disability25.219999
  • % of households with income below 80% of local area median family100
  • Median of Total Annual Income for the households served10253

Please contact the management company for an application and/or vacancy information.

If the resource information above is incorrect, please notify your local HUD field office.

Multifamily Housing

The multifamily housing programs look after the overall management, development, direction, and administration of HUD Multifamily housing programs. The offices under the multifamily housing are mentioned as follows:

  • Deputy Assistant Secretary office 
  • Field support and operations offices 
  • Asset management and Portfolio oversight Offices 
  • Recapitalization office
  • Multifamily production office 

Let us learn about these offices at greater length in the sections mentioned below.

Office of Deputy Assistant Secretary

The office of the deputy assistant secretary is responsible for implementing the multifamily housing programs that are authorized by the National Housing Act. The main thing that the Deputy assistant secretary oversees is asset management, production, portfolio oversight, and recapitalization.

Its field operations consist of 5 Regional centers, 7 Regional Satellite offices, and asset management servicing offices worldwide. Some of the crucial activities of this office include:

  • Look after risk-sharing programs such as program compliance by housing finance agencies and government-sponsored enterprises.
  • Perform asset management & portfolio oversight of the multifamily housing projects that are developed under the Multifamily Mortgage Insurance.
  • It also preserves properties and checks affordability by restructuring rents and mortgages with the help of the programs.
  • Provides service to project-based rental subsidy programs that are operating in multifamily housing projects.

Programs

Section8

Housing Choice Voucher Program (Section 8)

HUD’s Housing Choice Voucher Program, also known as Section 8, is a government program that provides rental assistance to low-income families, elderly individuals, and persons with disabilities.  The program helps eligible households afford safe and decent housing by providing vouchers that cover a portion of their rent.  The vouchers are portable, which means that families can use them to rent homes in any neighborhood or city where a landlord is willing to accept them.  The program aims to help families achieve economic stability and self-sufficiency by providing access to affordable housing, as well as a range of supportive services.  After an eligible applicant applies, there is a waitlist that can be several months or even years depending on the location and demand for affordable housing.  Housing Choice Voucher Program is a critical tool in the government’s efforts to reduce homelessness, promote economic opportunity, and ensure that every American has access to safe and affordable housing.

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Project Based

Project Based Assistance

The Project-Based Assistance program is one of the many initiatives under the U.S. Department of Housing and Urban Development (HUD) that assist in providing affordable housing options to low-income families.  This program targets individuals and families who are struggling to afford rental housing in the private market.  Under the Project-Based Assistance Program, HUD enters into contracts with private landlords to subsidize the rents of eligible households.  This program provides a stable rental subsidy for a specific housing unit, ensuring that the tenant’s rent payment does not exceed 30% of their income.  In return, the landlords agree to maintain the rental unit in good condition and to follow all of HUD’s rules and regulations.

HUD’s Project-Based Assistance program has several benefits for low-income families.  One of the main advantages is that it provides long-term affordable housing.  With the support of this program, tenants can live in their homes for as long as they meet the program’s eligibility criteria, providing them with home stability.  Additionally, the program ensures that housing units meet HUD’s quality standards, as landlords are required to maintain the units in good condition.  Furthermore, the program helps reduce homelessness by providing safe and stable housing to those who may otherwise be at risk of homelessness.

To be eligible for the Project-Based Assistance program, individuals and families must meet certain income requirements and other eligibility criteria.  The program is designed to target low-income households, and the subsidy provided by HUD is calculated based on the household’s income.  Families with members who have disabilities and seniors are given priority under this program.  Applicants must also meet the program’s screening and eligibility requirements, which include background checks, credit checks, and landlord references.  Once accepted into the program, tenants sign a lease agreement with the private landlord and HUD provides the rental assistance to the landlord on their behalf. 

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Section 202

Section 202

HUD’s Section 202 is a government program with the objective to provide affordable housing to low-income seniors aged 62 years or older.  The program offers capital advances and project rental assistance to private nonprofit organizations, which use the funds to develop and maintain rental housing for elderly households.  The program’s mission is to increase the supply of affordable housing for seniors and provide them with a stable and secure living environment.  Property owners who participate in the program receive rental subsidies from HUD, which they use to offset the cost of renting units to eligible senior residents.  The program enables seniors to maintain their independence, live with dignity, and access essential support services, such as healthcare and social services.

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SH

Subsidized Housing

The HUD’s subsidized housing program is a government program that provides affordable housing to low-income families, elderly individuals, and those with disabilities.  The program offers rental assistance to eligible residents, which helps them afford decent, safe, and sanitary housing in the private market.  The program supports expanding the supply of affordable housing and provides a stable living environment for low-income households.  Property owners who participate in the program receive rental subsidies from HUD, which they use to offset the cost of renting units to eligible residents.  The program plays a critical role in the government’s efforts to reduce homelessness, improve access to affordable housing, and promotes fiscal opportunity for low-income individuals and families.  It helps families sustain their stability, live with dignity, and access vital support services, such as healthcare and social services.

More Info

VASH Image

Veterans Affairs Supportive Housing

The Veterans Affairs Supportive Housing Program (VASH) is a mix of housing choice voucher rental assistance and the services offered by the U.S. to the homeless veterans. The program provides vouchers to eligible veterans, which can be used to rent privately owned housing units. In addition to housing assistance, the program offers case management and clinical services to help veterans access healthcare, job training, and other supportive resources. The main objective of the program is to help homeless veterans to achieve stable housing and improve their overall well-being. Through its partnership with the VA, the VASH program addresses the unique needs of veterans, including those who may be struggling with mental health and substance abuse issues. This is an effort to help them successfully transition to independent living.

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Income Limits

Income Limits

Dollar

Providence, Providence County, RI HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Miami but actual income limits may differ for units at Cutler Manor.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% $33,850 $38,700 $43,550 $48,350 $52,250 $56,100 $60,000 $63,850
80% $54,150 $61,900 $69,650 $77,350 $83,550 $89,750 $95,950 $102,150
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