Wylie Street Station

4611 W Wylie Ln, Boise, Idaho 83703

Wylie Street Station, located at 4611 W Wylie Ln in Boise, has one, two and three bedroom apartments. Wylie Street Station participates in the Section 8 Project-Based Rental Assistance and Low-Income Housing Tax Credit (LIHTC) programs.

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Last updated on December 14th, 2018

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price
Three Bedroom (3/1) 1122 Call for Price

Wylie Street Station Details

  • 40 one, two and three bedroom units.
  • Project-Based Rental Assistance

Property Amenities

  • Playground
  • Computer Room
  • Park Area With BBQ Grills, Picnic Tables & Gazebos
  • On-site Laundry

Unit Amenities

  • Air Conditioning
  • Ceiling Fan(s)
  • Dishwasher
  • Refrigerator
  • Water Trash and Sewer Included
  • Electric Range

Nearby Amenities

  • Close to Public Transportation

About Wylie Street Station

Wylie Street Station Apartments are closed to the Collister Shopping Center, Taft Elementary School, Boise High School and minutes away from BSU, downtown and Community Park. It is a HUD certified family property with one, two and tree bedroom units.

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 Wylie Street Station.

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 Wylie Street Station.

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.

Wylie Street Station 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 Wylie Street Station 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.

Wylie Street Station is managed by Northwest Real Estate Capital Corp..

Image of Wylie Street Station
Image of Wylie Street Station

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