1508 Hope Ln, Caldwell, ID 83605
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey, Jodie Stovall| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 Bath | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
HOPE Plaza Apartments is a 48-unit family housing community located in Caldwell, Idaho. HOPE Plaza has 1, 2 and 3 bedroom apartments. HOPE Plaza Apartments has on-site management. Each apartment includes a full complement of appliances – refrigerator, stove, microwave, garbage disposal, dishwasher and washer/dryer hookups. Additionally each apartment has a private patio/deck with exterior storage. Rents are based on income and vary accordingly. HOPE Plaza accepts residents with SICHA/Section 8 Vouchers or other rental assistance.
The HOPE Plaza Apartments has a large community center which houses a children’s learning center and many other amenities for resident use including meeting rooms, computer facilities, an exercise facility with equipment, common laundry and on-site office for the property manager.
The HOPE Plaza Apartments has a variety of site amenities including walking areas with benches, a picnic area and children’s play area. HOPE Plaza Apartments also offers security cameras for enhanced resident security.
Because Hope Plaza Apartments participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Rent is Based On Your Income† |
| Two Bedroom (2/1) | - | Rent is Based On Your Income† |
| Three Bedroom (3/1) | - | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $31,200 / year | $35,650 / year | $40,100 / year | $44,550 / year | $48,150 / year | $51,700 / year |
| 50% AMI for PBRA Units | $31,200 / year | $35,650 / year | $40,100 / year | $44,550 / year | $48,150 / year | $51,700 / year |
| 60% AMI for LIHTC Units | $37,440 / year | $42,780 / year | $48,120 / year | $53,460 / year | $57,780 / year | $62,040 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Hope Plaza Apartments have a waiting list?
Hope Plaza Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Hope Plaza Apartments?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Hope Plaza Apartments?
Hope Plaza Apartments is managed by New Beginnings Housing LLC headquartered in Nampa, Idaho .
In addition to Hope Plaza Apartments, how many other affordable housing properties (and units) are there in Caldwell?
In addition to Hope Plaza Apartments, we list 24 other affordable properties in Caldwell. Learn about these properties here. Our data research shows that there are a total of 1035 affordable units in Caldwell.
When was the Hope Plaza Apartments listing last updated?
Hope Plaza Apartments listing on Affordable Housing Online was last updated on 01/01/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Bri-Anna Barbosa says:
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