HUD residents usually pay 30 of their gross income for rent. The rent amount, less approved HUD deductions such as medical and child care expenses, and other allowances, includes a utility allowance. HUD Residents also choose to pay what is known as flat rent. The HACC works with applicants to determine which rent arrangement is best for them. wood Terrace 4KZN92 Apartments is a Family low income housing apartment subsidized by the federal governments HUD Housing and Urban Development Division. Contact wood Terrace Apartments for complete details on the current vacancies and housing applications. Note: Apartments not have openings or have long waiting lists. Call for complete details.