731 N River St, Hailey, ID 83333
Waiting List Forecast: Likely Short or None
Verified for 2021 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | 684 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. 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.
River Street Apartments features one-and two-bedroom apartments for residents 55 and older and is located in the heart of the beautiful Wood River Valley. This 24-unit community features in-building parking, a community room with a mini-kitchen, exercise room, computer and library study room, game room, community garden, outside areas and walking path. The property has an elevator and is fully accessible, with secured access and security cameras. Each residence offers a dishwasher, microwave, stove, refrigerator, and disposal, and washer/dryer, as well as a private balcony and storage. River Street is in downtown Hailey, close to grocery and household shopping, coffee shops and restaurants, movie theater and other retail outlets.
Because River Street Senior Hsg participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 684ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $29,400 / year | $33,600 / year | $37,800 / year | $41,950 / year | $45,350 / year | $48,700 / year | $52,050 / year | $55,400 / year |
| 50% AMI for PBRA Units | $29,400 / year | $33,600 / year | $37,800 / year | $41,950 / year | $45,350 / year | $48,700 / year | $52,050 / year | $55,400 / year |
| 60% AMI for LIHTC Units | $35,280 / year | $40,320 / year | $45,360 / year | $50,340 / year | $54,420 / year | $58,440 / year | $62,460 / year | $66,480 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does River Street Senior Hsg have a waiting list?
River Street Senior Hsg probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at River Street Senior Hsg?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges River Street Senior Hsg?
River Street Senior Hsg is managed by New Beginnings Housing LLC headquartered in Nampa, Idaho .
In addition to River Street Senior Hsg, how many other affordable housing properties (and units) are there in Hailey?
In addition to River Street Senior Hsg, we list 9 other affordable properties in Hailey. Learn about these properties here. Our data research shows that there are a total of 409 affordable units in Hailey.
851 Shenandoah Dr, Hailey, Idaho 83333
1661 Woodside Blvd, Hailey, Idaho 83333
620 Willow Dr, Hailey, Idaho 83333
Know your rights as a Section 8 tenant.
Some states and local governments have laws that protect renters with a Section 8 voucher who are looking for an available unit. Check your local laws.Marla Senter says:
"Affordable Housing Online is the most cohesive and correct information on housing out there online or off."