Chinook Villa Apartments

1200 S Century Cir, Wasilla, Alaska 99654

Chinook Villa Apartments, located at 1200 S Century Cir in Wasilla, has one bedroom apartments. Chinook Villa Apartments participates in the Section 515 Rural Rental Housing program.

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price

Chinook Villa Apartments Details

  • 32 one bedroom units.
  • Senior (62+)

Property Amenities

  • On-Site Parking

About Chinook Villa Apartments

This institution is an equal opportunity provider and employer.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Wasilla Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Wasilla but actual income limits may differ for units at Chinook Villa Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $32,450 $37,050 $41,700 $46,300 $50,050 $53,750 $57,450 $61,150
Low Income (60%) $38,940 $44,460 $50,040 $55,560 $60,060 $64,500 $68,940 $73,380

Chinook Villa Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Chinook Villa Apartments is managed by Quantum Management Services.

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