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Application Information
Housing Options
Section 42 Affordable Housing
The Silvernail is a Section 42 Affordable Housing property, which provides rents lower than market rent, if an applicant meets the program income limits. Compliant households must have at least one member who is 62 or better and household income that meets the maximum income limit established by HUD for the metropolitan statistical area.
Income Limits & Rents
Límites de ingresos y alquileres
Section 42 Wait List: OPEN
Please contact management if you are interested in being added to the list. Applications will not be accepted until a unit is offered.
Section 8 Low Income Housing
Silvernail offers 26 project-based Section 8 Low Income housing apartments. Applicants interested, must submit an application and once received at our management office, you will be added to the waitlist. Rent is 30% of a tenant’s adjusted gross income and HUD subsidizes the difference.
Section 8 Waitlist: OPEN
We currently have a wait list. Applicants interested, must submit an application and once received at our management office and reviewed for qualifications, you will be added to the waitlist.
Section 8 Vouchers
The Silvernail accepts Section 8 vouchers. We will work with the housing agency providing the voucher, for a smooth move-in process. We are still required to verify your income/assets for the Section 42 or Market Rent units, in addition to what housing processes.
Market Rent
For those applicants whose income exceeds the Section 42 income limits, we offer a handful of 1 and 2 Bedroom market rent apartments.
Market Rent Wait List: OPEN
Please contact management if you are interested in being added to the wait list.