Last updated 2026-07-09
TL;DR
Low-income senior housing comes mainly from four federal programs: HUD Section 202 (dedicated senior properties), Housing Choice Vouchers (Section 8), Low Income Housing Tax Credit apartments, and public housing with elderly preferences. Income limits typically sit at 30-80% of Area Median Income. Waitlists run 1-8 years in high-cost cities. NYC has its own lottery portal. Applications are free everywhere.
What is low income senior housing and who qualifies?
Low-income senior housing is any federally or state-subsidized rental unit restricted to older adults, where rent is capped based on your income rather than market rates. Four distinct program types sit under that umbrella, each with its own owner, regulator, and application path. Knowing which bucket a building falls into tells you who to call, what documents to gather, and how long you will likely wait.
Age eligibility varies by program. HUD defines "elderly" as 62 or older for Section 202 Supportive Housing for the Elderly and for public housing elderly preferences [1]. Housing Choice Voucher programs generally have no age floor, but many PHAs give elderly and disabled households priority on their waitlists. LIHTC (Low Income Housing Tax Credit) properties set their own age floors, usually 55+ or 62+, in their regulatory agreements with state housing finance agencies.
Income limits are the other gate. Most subsidized senior programs target households at 30%, 50%, or 80% of Area Median Income (AMI). HUD publishes updated AMI limits every year by county and metro area [2]. A single senior in the New York City metro had a 50% AMI limit of $46,900 in 2024, meaning a one-person household earning under that figure qualifies for many programs. Rural and Midwestern markets have lower AMIs, so the same dollar income might disqualify you in one county and qualify you in the next.
Assets matter too, though the rules differ. Public housing and Section 8 count income from assets (bank interest, dividends) in your annual income calculation. Section 202 properties follow HUD's income definition under 24 CFR Part 5 [3]. Most programs do not count the value of a car or household goods, but they do count IRAs, savings accounts, and real property you own but do not live in.
What are the main federal programs for low income senior housing?
Four federal programs do the heavy lifting. They are not interchangeable. Each has a different application process, a different landlord, and a different day-to-day experience for the resident.
HUD Section 202 Supportive Housing for the Elderly. This is the one program built specifically for seniors. Congress created it in 1959, and it has funded more than 400,000 units. HUD gives capital grants and rental subsidies (called Project Rental Assistance Contracts, or PRACs) directly to nonprofit developers who build and operate properties only for households where at least one member is 62 or older [1]. Rents sit at 30% of adjusted income. Residents apply directly to the property, not to a housing authority. There are roughly 5,000 Section 202 properties nationwide as of HUD's most recent inventory.
Housing Choice Vouchers (Section 8). Vouchers are tenant-based. You hold the subsidy and take it to any private landlord willing to participate. You pay roughly 30% of adjusted income, and the local Public Housing Authority (PHA) pays the rest up to a payment standard. Many PHAs give elderly households (62+) or disabled households a priority preference that moves them up the list faster than a general applicant. To find your PHA and check whether its list is open, see open Section 8 waiting lists and the basics of the housing choice voucher program [4].
Public Housing with Elderly/Disabled Preferences. PHAs own and operate public housing directly. Many large PHAs designate specific buildings or floors as elderly-only (62+) or mixed elderly/disabled. These units are not portable, so you live in a PHA-owned building. Rents are 30% of adjusted income. Waitlists at big-city PHAs (New York City Housing Authority, Chicago Housing Authority, LA Housing Authority) routinely run 5-10 years.
Low Income Housing Tax Credit (LIHTC). The federal government gives tax credits to private developers who agree to rent units at 50% or 60% AMI rents for at least 30 years. LIHTC is not a voucher, and it does not calculate rent as a percentage of your income. It sets a fixed reduced rent based on the AMI limit for that unit. If your income is very low, that fixed rent might still be a stretch. Some LIHTC buildings restrict admission to seniors 55+ or 62+. To understand how these properties interact with vouchers, see low income housing tax credit [5].
How does the NYC low income housing lottery work for seniors?
New York City runs its affordable housing lottery through NYC Housing Connect (housingconnect.nyc.gov), the city's official portal [6]. It lists both general affordable units and senior-designated units (usually 62+). Listings open for a window of 30 to 60 days, during which anyone who meets the income and household size requirements can submit one application per listing. Applying on day one buys you nothing over day thirty. The lottery randomizes every application submitted during the open window.
For senior-designated listings, the income bands come from the unit's affordability level. A typical senior listing might target households earning 30-60% of AMI, meaning roughly $23,800 to $47,760 for a one-person household in the 2024 NYC metro AMI table. Some listings set a minimum income too (often 2x the monthly rent), which catches seniors living entirely on Social Security who have very low income on paper.
The selection process after the lottery draw runs through several steps: log number notification, document review, apartment interview, and a lease signing. The odds are brutal. The city's 2023 lottery data showed some senior buildings drawing more than 4,000 applications for fewer than 50 units. That is not a reason to skip applying. It is a reason to apply to every eligible listing you find and to sit on as many waitlists as you can at once.
NYCHA (New York City Housing Authority) runs a separate application process for its public housing and Section 8 programs, distinct from Housing Connect [6]. NYCHA's elderly/disabled public housing waitlist has been open for new applications since 2023 after a years-long freeze. The NYCHA portal is at nyc.gov/nycha.
For a broader picture of how rental assistance works alongside NYC-specific programs, that article walks through the federal side in detail.
How long are waitlists for senior housing, and how do you get off faster?
Waitlist times swing wildly by city, program, and specific building. Nobody publishes a clean national average, because PHAs and nonprofit operators do not report wait times to any single database. The closest public data comes from HUD's Picture of Subsidized Households and individual PHA reports. What those show: urban PHAs in high-cost metros report median wait times of 3-7 years for elderly public housing, while smaller cities and rural PHAs often wait 6-24 months [7].
Section 202 properties run their own waitlists independently. Some have no wait. Others have closed their lists for years. Calling each property one by one is the only reliable way to know.
Strategies that actually move things faster:
1. Apply to multiple programs at the same time. No rule stops you from sitting on a public housing waitlist, a Section 8 waitlist, and three Section 202 property waitlists at once. Accept the first offer you get and withdraw from the others.
2. Chase preference points wherever they exist. Elderly status (62+), disability, veteran status, and local residency preferences all move you up at most PHAs. Read each PHA's administrative plan to see which preferences apply. PHAs publish these on their websites and must make them available on request under 24 CFR 982.54 [4].
3. Keep your contact information current. PHAs and property managers purge applicants they cannot reach. One missed certified letter can wipe out years of waiting.
4. Watch for newly opened lists through HUD's resource locator and sites that track list openings. The page at open Section 8 waiting lists collects current openings by state.
5. Ask about emergency or hardship preferences. Most PHAs hold a small number of slots for applicants facing homelessness, domestic violence, or displacement from a disaster. The criteria are strict but worth asking about.
What does low income senior housing actually cost the resident?
The resident's share of rent in most subsidized senior programs equals 30% of adjusted gross income, after HUD-allowed deductions. Those deductions include a $400 elderly/disabled household deduction, a medical expense deduction (for out-of-pocket costs above 3% of annual income), and disability assistance expense deductions [3].
Here is the math in practice. A senior with $14,000 a year in Social Security might pay about $340 a month in a Section 202 property. Take $14,000, subtract the $400 deduction, divide by 12 to get $1,133 monthly income, then multiply by 30%. That lands at roughly $340.
LIHTC properties work differently. The rent is fixed against AMI percentages, not against your actual income. A unit at 50% AMI in a metro where the one-person AMI is $95,300 carries a rent cap near $1,191 a month (50% AMI divided by 12, times 30%), regardless of what you personally earn. If you earn far below 50% AMI, a LIHTC unit alone may not be affordable without a voucher stacked on top.
Utilities are sometimes bundled into rent and sometimes not. Section 202 and public housing often cover heat and water. LIHTC buildings vary. Ask exactly what the quoted rent covers.
Application fees are zero for every HUD program. Any property or agency charging you a fee to join a federal housing waitlist is breaking program rules. Some private market senior communities that call themselves "affordable" are not federally subsidized and may charge fees. Those sit outside HUD's authority.
How do you find and apply to low income housing for seniors near you?
Start with three free federal tools most people do not know exist.
First, HUD's Multifamily Housing property search at apps.hud.gov lets you search for Section 202 and other HUD-assisted properties by city, county, or zip code. The database is not always perfectly current, but it lists contact information for every property HUD has on file [1].
Second, your local PHA is the front door for Section 8 vouchers and public housing. HUD's PHA contact list at hud.gov names every PHA in the country with phone numbers and websites [4]. Call and ask two direct questions: "Do you have an open waitlist for elderly households?" and "Do you have elderly preference points?"
Third, the Eldercare Locator (eldercare.acl.gov) connects seniors to local housing counselors who know which lists are open and which buildings are worth calling [8]. Eldercare Locator is a free government service run by the Administration for Community Living.
For NYC specifically, register at Housing Connect (housingconnect.nyc.gov) and set email alerts for senior-designated listings [6]. Do the same at NYCHA's portal for public housing.
When you apply, expect to provide government-issued photo ID, a Social Security card or proof of Social Security number, a birth certificate (to prove age), documentation of all income sources (Social Security award letter, pension statements, bank statements), and prior landlord references. Gather these before any waitlist opens so you can submit fast.
A common mistake is treating one application to one program as enough. It is not. Apply broadly, track every application in a spreadsheet, and set calendar reminders to update your contact information with each program every year.
What are income limits for senior housing programs in 2024-2025?
HUD updates income limits every year, usually in April or May, using American Community Survey data run through a statutory formula. The 2024 limits published in May 2024 apply to most programs until the 2025 update [2].
Limits differ by metro area (technically the "Fair Market Rent area" or HUD Metro Area) and household size. A one-person senior household has lower limits than a two-person couple. Limits are expressed as percentages of Area Median Income: 30% (Extremely Low Income), 50% (Very Low Income), and 80% (Low Income).
Section 202 targets households at 50% AMI or below, with priority for those at 30% AMI or below. Housing Choice Vouchers go to households at 50% AMI or below, and at least 75% of new vouchers must go to households at 30% AMI or below [4]. Public housing serves up to 80% AMI but concentrates its money at lower incomes. LIHTC units set their own thresholds in their regulatory agreements, commonly 50% or 60% AMI.
A few real 2024 examples for a one-person household [2]:
| Metro | 30% AMI (Extremely Low) | 50% AMI (Very Low) | 80% AMI (Low) |
|---|---|---|---|
| New York City | $28,150 | $46,900 | $65,200 |
| Chicago | $21,850 | $36,400 | $58,200 |
| Houston | $18,700 | $31,150 | $49,850 |
| Rural Alabama (example county) | $13,750 | $22,900 | $36,700 |
These numbers change each year. Verify at the HUD Income Limits page (huduser.gov/portal/datasets/il.html) before assuming eligibility.
Can seniors use Section 8 vouchers in private market apartments?
Yes, and it is often the fastest path to stable housing if a voucher comes through before a Section 202 slot opens. A Housing Choice Voucher lets you rent any private apartment that passes HUD's Housing Quality Standards inspection and where the landlord agrees to participate. You pay 30% of adjusted income, and the PHA pays the rest up to the local payment standard.
The challenge for seniors is twofold. Getting the voucher takes years in most large cities. And once you have one, you get a limited search window (typically 60-120 days) to find a unit, which is hard in tight markets. PHAs can grant extensions for elderly and disabled voucher holders, and many do so fairly generously, because housing them is a statutory priority.
Landlords in the Section 8 program get guaranteed partial rent from the PHA, which some find attractive, particularly in slower rental markets. If you are a senior trying to find a landlord, the section 8 houses for rent resource lists participating units, and go section 8 is another tool landlords use to list open properties.
One thing many seniors miss: if you get a voucher and then later get offered a Section 202 unit, you can generally move to the Section 202 property. That property has its own Project Rental Assistance Contract subsidy, so you would typically give up the voucher when you move in. Talk to both your PHA and the Section 202 property manager before deciding, because giving up a voucher is usually irreversible.
What is Section 202 housing and how is it different from Section 8?
Section 202 is project-based, meaning the subsidy is tied to the building, not to you. Leave a Section 202 property and you do not take the subsidy with you. Section 8 Housing Choice Vouchers are tenant-based. The subsidy follows you when you move.
Section 202 properties are owned and operated by nonprofits under long-term contracts with HUD. HUD's most recent data shows roughly 5,000 active Section 202 properties housing about 400,000 seniors nationwide [1]. These properties are only for seniors (62+), which builds a community of peers and often adds supportive services like transportation, meals, or health screenings, though HUD does not require those services.
Section 8 vouchers are far more numerous (roughly 2.3 million in use as of HUD's 2023 data) but age-agnostic [4]. A senior with a voucher has more flexibility in where to live but has to work the private rental market, deal with landlord acceptance rates, and move through a more complicated process.
For a senior who wants community, stability, and low-maintenance living, Section 202 is often the better fit once you get in. For a senior who wants to stay in a specific neighborhood near family, a voucher gives that flexibility. The honest answer: apply to both and take whatever comes first.
For a broader explainer of how the federal rental assistance system fits together, rental assistance covers the full landscape.
Are there state and local programs beyond the federal ones?
Yes, and they vary enough by state that a complete list would fill a book. A few worth knowing:
State Housing Finance Agency programs. Every state has an HFA that administers LIHTC allocations and often runs its own rental assistance programs. California's HCD, Texas's TDHCA, New York's HCR, and Illinois's IHDA all have senior-specific rental programs funded by a mix of federal and state dollars. Search for your state HFA and ask about senior rental programs specifically.
HUD-VASH for veterans. If the senior is a veteran, HUD-VASH vouchers pair a Section 8 voucher with VA case management. These have separate waitlists and are often shorter than general Section 8 waits. Contact the local VA Medical Center to start [9].
USDA Section 515 Rural Rental Housing. USDA runs its own rural rental program for low-income seniors in towns under 20,000 population (in most cases). These properties are common in farming communities and often carry shorter waitlists than urban HUD properties. Find them at rd.usda.gov [10].
Local Housing Trust Funds. Many cities and counties have set up housing trust funds that subsidize affordable senior units built by local nonprofits. NYC's Housing Development Corporation is one example. No single federal database tracks these, so your local Area Agency on Aging (AAA) is usually the best guide.
VoucherReady's free waitlist tools help you track multiple applications across programs in one place, which matters when you are juggling federal, state, and local applications at once.
For how the broader housing authority system works and where PHAs fit, that article breaks down the chain from HUD to your front door.
What rights do seniors have in subsidized housing?
Seniors in HUD-assisted housing have protections that go beyond standard landlord-tenant law.
Fair Housing Act protections cover familial status and disability, and the Fair Housing Amendments Act of 1988 added disability protections for federally assisted housing programs [11]. The Housing for Older Persons Act (HOPA) of 1995 lets communities legally restrict occupancy to persons 55+ or 62+ without violating fair housing law, as long as they meet specific criteria (at least 80% of units occupied by one person 55+ and published policies to that effect) [11].
In Section 202 and public housing, you cannot be evicted without cause and without a formal process. HUD regulations at 24 CFR 247 require written notice of lease termination, the right to respond, and an informal hearing before any eviction proceeds [3]. Eviction for nonpayment requires at least 14 days written notice in most HUD programs.
Reasonable accommodation is a legal requirement. If a disability (physical or cognitive) affects your ability to follow lease terms, you can ask for a modification to those terms as a reasonable accommodation under Section 504 of the Rehabilitation Act and the Americans with Disabilities Act. Put the request in writing to the property manager, and the property must respond within a reasonable time.
If you believe your rights have been violated, HUD's Office of Fair Housing and Equal Opportunity takes complaints at hud.gov, or you can call 1-800-669-9777 [11].
What should families do when helping an elderly relative find housing?
The process is the same whether a senior applies alone or with family help, but family members can speed things up by taking on the administrative tasks the senior may find overwhelming.
Start by gathering the same document package described in the application section: ID, Social Security card, birth certificate, income documentation. Get certified copies, not originals, since multiple programs may request them at the same time.
Designate a point of contact. Many PHAs and Section 202 properties let applicants name an "authorized representative" who can receive correspondence and make calls on their behalf. Get this authorization on file early, because PHAs routinely send notices that demand fast responses, and a missed notice can mean removal from a waitlist.
Make sure the senior is signed up for all income they are entitled to. Social Security and SSI applications are separate. A senior eligible for SSI (Supplemental Security Income) but not receiving it is leaving money on the table, and SSI income counts favorably in rent calculations because it is stable and verifiable. Apply at ssa.gov.
Help them set up a stable email address and check it regularly, because most lottery systems (including NYC's Housing Connect) communicate by email. An unchecked inbox has cost seniors their lottery positions.
Check in with the local Area Agency on Aging. AAAs provide free housing counseling, application help, and local knowledge about which buildings are worth calling and which waitlists are pointless to join right now. Find your local AAA at eldercare.acl.gov [8].
Frequently asked questions
What age qualifies as a senior for low income housing programs?
HUD defines elderly as 62 or older for Section 202 housing and elderly preferences in public housing programs. Many LIHTC senior properties use 55+ as their floor, written into their state regulatory agreements. Housing Choice Vouchers have no age minimum, but most PHAs apply priority preferences at age 62. Always check the specific building or program because the cutoff varies.
How do I find open low income senior housing waitlists near me?
Call your local PHA directly and ask about elderly waitlist openings. Use HUD's PHA contact directory at hud.gov to find your PHA. HUD's Multifamily Property search at apps.hud.gov lists Section 202 properties with contact numbers. The Eldercare Locator at eldercare.acl.gov connects you to local housing counselors who track openings in real time. In NYC, check Housing Connect at housingconnect.nyc.gov and NYCHA's portal separately.
Can a senior on Social Security afford subsidized housing?
Yes, because subsidized programs (Section 202, public housing, vouchers) set rent at 30% of adjusted income after a $400 elderly household deduction and medical expense deductions. A senior receiving $1,200 per month in Social Security would typically pay around $240-$300 per month in rent at a Section 202 property. LIHTC-only units are not income-based, so they may be less affordable for very low Social Security incomes.
Is there emergency senior housing assistance available?
HUD does not operate a general emergency senior housing program, but several options exist. Most PHAs hold small emergency preference slots for applicants facing homelessness or domestic violence displacement. HUD-VASH serves veteran seniors with a dedicated voucher track. Local Area Agencies on Aging (find yours at eldercare.acl.gov) can connect seniors to emergency rental assistance, transitional housing, or county-funded programs that move faster than federal waitlists.
How does the NYC low income housing lottery work for seniors specifically?
NYC runs senior-designated lottery listings on Housing Connect (housingconnect.nyc.gov). Listings stay open 30-60 days, during which eligible seniors apply once per listing. Applications are randomized after the window closes. Income limits for senior listings typically run 30-60% AMI for one-person households. NYCHA runs a separate elderly/disabled public housing list. The city also has project-based Section 8 senior buildings not listed on Housing Connect, so contacting individual nonprofits directly matters.
What documents do I need to apply for low income senior housing?
Standard documents across most programs: government-issued photo ID, Social Security card or proof of SSN, birth certificate (to verify age eligibility), Social Security award letter or SSI documentation, pension or retirement income statements, recent bank statements (last 2-3 months), and prior landlord references. Some Section 202 properties also ask for medical documentation if you are applying under a disability preference. Gather certified copies since you may need to submit to multiple programs at once.
Can married senior couples apply for low income senior housing together?
Yes. Married couples apply as a household. Income limits are higher for two-person households than for one-person households, so a couple may still qualify where individual limits would seem tight. Both spouses typically must be 62+ for a Section 202 property that has an age floor, though some allow a younger spouse if the primary applicant meets the age requirement. Check each property's rules because they differ.
What is the difference between low income senior apartments and assisted living?
Subsidized low-income senior apartments are standard rental housing with reduced rent. They do not include personal care services, medication management, or 24-hour staff as part of the housing contract. Assisted living is a licensed care setting that includes those services, typically at costs of $4,000-$7,000 per month, and is rarely subsidized by HUD programs. Some Section 202 properties offer optional supportive services, but participation is voluntary and the housing itself is independent living.
Are there income limits for the NYC senior housing lottery?
Yes. Each NYC lottery listing specifies its AMI bands. Senior listings commonly target one-person households earning between 30% and 60% AMI. Using 2024 NYC metro AMI figures, that means roughly $23,800 to $47,760 per year for one person. Some listings also set a minimum income (often 2x monthly rent) to ensure applicants can cover their share. Income from Social Security, SSI, and pensions all count. The exact limits are posted on each listing at Housing Connect.
Can a senior transfer their Section 8 voucher to another city or state?
Yes, that process is called portability. Under 24 CFR 982.353, a voucher holder can move to any area of the country where a PHA operates a Section 8 program, as long as the initial lease term is complete (at least 12 months in most cases). The receiving PHA takes over administration. This matters for seniors who want to move closer to family. The process takes 4-8 weeks. See the housing choice voucher program article for step-by-step portability guidance.
Do low income senior housing programs cover utilities?
It depends on the property. Section 202 and public housing senior properties often include some utilities (heat, water, trash) in the rent. When utilities are not included, HUD calculates a Utility Allowance that reduces the tenant's rent payment to account for the cost, so the 30% of income rule still holds in theory. LIHTC properties vary widely; some include utilities and some do not. Always ask what the quoted rent includes before signing a lease.
What happens if a senior's income increases after moving into subsidized housing?
Rent is recalculated at annual recertification based on current income. If income rises, rent rises proportionally (still 30% of adjusted income). If income rises above the program's eligibility limit, you may not lose housing immediately. HUD rules generally require a grace period before termination for over-income households, and some programs allow residents to remain with a market-rate rent for a transition period. Check the specific program's administrative rules for the over-income policy.
Is low income senior housing the same as a nursing home or skilled nursing facility?
No. Low-income senior housing programs (Section 202, public housing, vouchers, LIHTC) provide independent rental housing, not medical care. Nursing homes and skilled nursing facilities are licensed health care settings regulated by CMS, not HUD. Medicaid covers nursing home costs for eligible low-income seniors. If a senior needs skilled nursing care, the path runs through Medicaid and state health agencies, not HUD housing programs.
How many low income senior housing units exist in the U.S.?
HUD's Section 202 portfolio alone holds roughly 400,000 units across approximately 5,000 properties. Public housing adds about 1 million units nationally, with a significant share designated for elderly or disabled households. LIHTC has produced more than 3.6 million affordable units since 1987, a portion of which are senior-designated. Demand far outstrips supply in most metro areas, which is why waitlists are measured in years rather than months.
Sources
- HUD.gov, Section 202 Supportive Housing for the Elderly Program: Section 202 restricts occupancy to households where at least one member is 62 or older; HUD has funded more than 400,000 units across approximately 5,000 properties nationally.
- HUD User, FY 2024 Income Limits: HUD publishes updated AMI-based income limits annually by county and metro area; 2024 limits for one-person households in NYC metro are $28,150 (30% AMI), $46,900 (50% AMI), and $65,200 (80% AMI).
- Code of Federal Regulations, 24 CFR Part 5: 24 CFR Part 5 defines income calculation rules for HUD programs including the $400 elderly/disabled household deduction and medical expense deduction; 24 CFR 247 governs lease termination procedures in HUD-assisted housing.
- HUD.gov, Housing Choice Voucher Program (Section 8): At least 75% of new vouchers must go to households at 30% AMI or below; PHAs may establish elderly preferences under their administrative plans per 24 CFR 982.54.
- HUD User, Low Income Housing Tax Credit Database: LIHTC has produced more than 3.6 million affordable rental units since 1987; units are restricted to 50% or 60% AMI rents for at least 30 years under state regulatory agreements.
- HUD, Picture of Subsidized Households: HUD's Picture of Subsidized Households database documents PHA-level data on public housing and voucher programs; urban PHAs report median elderly public housing wait times of 3-7 years.
- Administration for Community Living, Eldercare Locator: Eldercare Locator is a free federal service connecting seniors to local Area Agencies on Aging for housing counseling, application assistance, and benefit navigation.
- U.S. Department of Veterans Affairs, HUD-VASH Program: HUD-VASH combines Housing Choice Vouchers with VA case management for homeless and at-risk veterans; veterans contact their local VA Medical Center to apply.
- USDA Rural Development, Multi-Family Housing Programs: USDA Section 515 funds affordable rural rental housing for low-income seniors in communities typically under 20,000 population; properties have their own waitlists separate from HUD programs.
- HUD.gov, Fair Housing and Equal Opportunity: The Housing for Older Persons Act (HOPA) of 1995 allows senior-restricted communities to legally limit occupancy to 55+ or 62+ households under specified criteria; the Fair Housing Amendments Act of 1988 added disability protections to federal housing law.
- Code of Federal Regulations, 24 CFR Part 982: Under 24 CFR 982.353, Housing Choice Voucher holders may port their voucher to any area of the country where a PHA operates Section 8, typically after completing an initial 12-month lease term.