Located on Douglas Island, Terraces at Lawson Creek is a brand new 75 unit Income Restricted community. The beautiful new apartments offer views of the Gasineau Channel, along with a 5 Star Plus New Building Construction Energy Rating.
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Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Terraces at Lawson Creek is managed by Volunteers of America.