Riverview Homes

1070 S Leadville Ave, Boise, Idaho 83706

Riverview Homes, located at 1070 S Leadville Ave in Boise, has two bedroom apartments. Riverview Homes participates in the Section 8 Project-Based Rental Assistance and Low-Income Housing Tax Credit (LIHTC) programs.

Contact Riverview Homes

Message Riverview Homes

Units

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/1) 700 Call for Price

Riverview Homes Details

  • 40 two bedroom units.
  • Project-Based Rental Assistance

Property Amenities

  • Elevator
  • Playground
  • Clubhouse
  • Laundry Facilities
  • Pet Friendly

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Garbage Disposal
  • Cable Ready
  • Carpet
  • Refrigerator
  • Extra Storage
  • Private Patio/Balcony
  • Energy Efficient Appliances

Nearby Amenities

  • Close to Public Transportation

About Riverview Homes

Riverview Apartments offers 40, 2 bedroom apartment homes, located around a central courtyard, that sits right on Loggers Creek, near the Boise River. Boise State University is close by and the greenbelt is an easy walk on internal pathways. The well landscaped grounds feature covered picnic area, a soccer field and a large playground. Community Gardens are also available. Each home has forced air heating and cooling, an individual deck or patio and full appliance package. A well appointed community room is available for daily interactions or group gatherings. Riverview is walkable to so many nearby amenities and is close to Downtown Boise. Rental Assistance is available.

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.

Low-Income Housing Tax Credit (LIHTC)

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.

Boise HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Boise but actual income limits may differ for units at Riverview Homes.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $15,500 $17,700 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% $25,800 $29,450 $33,150 $36,800 $39,750 $42,700 $45,650 $48,600
80% $41,250 $47,150 $53,050 $58,900 $63,650 $68,350 $73,050 $77,750

Boise 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 Boise but actual income limits may differ for units at Riverview Homes.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $25,800 $29,450 $33,150 $36,800 $39,750 $42,700 $45,650 $48,600
Low Income (60%) $30,960 $35,340 $39,780 $44,160 $47,700 $51,240 $54,780 $58,320

These general income qualifications for Boise, Idaho should only be used as a basic guide. To find out if you qualify, contact the community directly.

Riverview Homes was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program and receives rental subsidies through HUD-Assisted Housing. These programs have different income limits that can lead to apartments in the same property having different income requirements.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. However, you can earn at most 60% of AMI to be eligible for a LIHTC property and many units may be set aside for those with the lowest incomes (down to 15% of AMI). LIHTC properties may also contain some market rate units.

Since Riverview Homes has both programs, the most restrictive of the income limits will apply for each unit. If the entire property is funded by LIHTC, the LIHTC income limit of 60% AMI would be used for all units. Apartments in properties with some units not funded by the LIHTC, but receiving Section 8 assistance, would be open to households making up to 80% AMI. Market rate units would have no subsidies or income restrictions.

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.

Riverview Homes is managed by Tomlinson & Associates, Inc..

Image of Riverview Homes
Image of Riverview Homes
Image of Riverview Homes
Image of Riverview Homes
Image of Riverview Homes

Nearby Low Income Apartment Communities

Franklin Grove Apartments

4929 W Franklin Rd
Boise, ID
Call For Rent
1 BR
Subsidized

Treehouse Apartments

280 W Boise Avenue
Boise, ID
Call For Rent
1-3 BR
Subsidized

Pioneer Square Apartments

1220 W Grand Ave
Boise, ID
1 BR
Subsidized

Owyhee Place Apartments

2500 S Owyhee St
Boise, ID
Income Based
1-4 BR
Subsidized