3340 SE Morrison St, Portland, OR 97214
Waiting List Forecast: Likely Short or None
Verified for 2021 by Lorena Bentley, Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,995 - 2,295 per Month† | Studio - 1 Bed | 1 Bath | 1 Sq Ft |
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.
The historic Belmont Dairy building rests upon convenient urban retailers and is situated in the heart of the Belmont District and the Sunnyside Neighborhood. Belmont Dairy is close to over 40 restaurants and the expansive Laurelhurst Park, Belmont Dairy Apartments offers traditional floor plan styles, as well as lofts with soaring 22 foot ceilings with large skylights in the living areas. Converted from an old dairy facility, the lofts have ample storage and recent upgrades such as stainless steel appliances, hardwood flooring and new cabinetry throughout. Belmont Dairy is a 100% smoke-free building, we have a serene courtyard on the second floor, and we offer complimentary garage parking. We are also located on a major transit bus line and have great freeway access allowing you to reach the downtown area in a matter of minutes! Schedule a visit to come and experience our beautiful community today!
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Belmont Dairy Apartments and Lofts does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | 1ft2 | Call for Price† |
| 1 Bedroom (1/1) | 1ft2 | $1,995 $2,295† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $39,500 / year | $45,150 / year | $50,800 / year | $56,400 / year | $60,950 / year | $65,450 / year | $69,950 / year | $74,450 / year |
| 50% AMI for PBRA Units | $39,500 / year | $45,150 / year | $50,800 / year | $56,400 / year | $60,950 / year | $65,450 / year | $69,950 / year | $74,450 / year |
| 60% AMI for LIHTC Units | $47,400 / year | $54,180 / year | $60,960 / year | $67,680 / year | $73,140 / year | $78,540 / year | $83,940 / year | $89,340 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Belmont Dairy Apartments and Lofts have a waiting list?
Belmont Dairy Apartments and Lofts 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 Belmont Dairy Apartments and Lofts?
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 Belmont Dairy Apartments and Lofts?
Belmont Dairy Apartments and Lofts is managed by Guardian Real Estate Services headquartered in Portland, Oregon.
In addition to Belmont Dairy Apartments and Lofts, how many other affordable housing properties (and units) are there in Portland?
In addition to Belmont Dairy Apartments and Lofts, we list 319 other affordable properties in Portland. Learn about these properties here. Our data research shows that there are a total of 21786 affordable units in Portland.
Know your rights as a Section 8 tenant.
In many areas, private landlords with an available unit can refuse interested tenants who have a Section 8 voucher. Check your local laws.Gina Pocan says:
"Thank you, Affordable Housing Online, for being there for some of the most vulnerable people."