530 W Harrison Ave, Fernan Lake Village, ID 83814
Waiting List Forecast: Likely Long or Closed
Verified for 2019 by Ben Widmyer, Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.
Since Lincoln Way Terrace participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $16,450 / year | $19,720 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $27,450 / year | $31,400 / year | $35,300 / year | $39,200 / year | $42,350 / year | $45,500 / year | $48,650 / year | $51,750 / year |
| 50% AMI for PBRA Units | $27,450 / year | $31,400 / year | $35,300 / year | $39,200 / year | $42,350 / year | $45,500 / year | $48,650 / year | $51,750 / year |
| 80% AMI for PBRA Units | $43,900 / year | $50,200 / year | $56,450 / year | $62,700 / year | $67,750 / year | $72,750 / year | $77,750 / year | $82,800 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Lincoln Way Terrace have a waiting list?
Lincoln Way Terrace probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Lincoln Way Terrace?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Lincoln Way Terrace?
Lincoln Way Terrace is managed by Widmyer Corporation headquartered in Coeur d'Alene, ID.
In addition to Lincoln Way Terrace, how many other affordable housing properties (and units) are there in Fernan Lake Village?
In addition to Lincoln Way Terrace, we list 7 other affordable properties in Fernan Lake Village. Learn about these properties here. Our data research shows that there are a total of 425 affordable units in Fernan Lake Village.
Keep a record of past landlord issues.
Having some marks on your rental history will not disqualify you from federal housing, but be prepared to explain situations like an eviction.Kim Eatmon says:
"Affordable Housing Online is a great way to see what’s available for low income housing."