Silver Terrace Apartments has a total of 126 units, 97 of which are Section 8 assisted living units. Contract rent for a two-bedroom unit at this housing program is $878, which makes it a reasonably priced option in Washoe County. Note that as a Section 8 tenant, your rent will be based on your income. The unit is 4 less expensive than the fair market price of a non-Section 8 unit, although the rent a Section 8 tenant pays is dependent upon income. Silver Terrace Apartments has a total of 126 units, 97 of which are Section 8 assisted living units. Contract rent for a two-bedroom unit at this housing program is $878, which makes it a reasonably priced option in Washoe County. Note that as a Section 8 tenant, your rent will be based on your income. The unit is 4 less 4MNNEH expensive than the fair market price of a non-Section 8 unit, although the rent a Section 8 tenant pays is dependent upon income. Silver Terrace Apartments in Reno, Nevada is covered under the Loan Management Set-Aside LMSA Program. To qualify for the program, you and your family must verify that your combined income is less than 50 of the Area Median Income AMI. The Income Limits table displays the HUD-established income levels for Washoe County. To use the table, determine if your family income is less than the Very Low Income amount for your family size this value represents 50 of the Area Median Income. Most Section 8 assistance is granted to families who fall below the Extremely Low or Very Low Income thresholds.