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The Foothills

2308 E Franklin Rd, Meridian, Idaho 83642

Welcome to The Foothills offering two, three and four bedroom apartments! Not only will your apartment include energy efficient appliances, a patio or balcony and much more but our beautiful property has excellent amenities including a community room with a kitchen, a computer room, a playground and a pool. Conveniently located near shopping, schools and a park, The Foothills is the perfect place to call home.

Contact The Foothills

Message The Foothills

The Foothills is accepting applications and does not have a waiting list.

Last updated on September 24th, 2018

Units

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/1) - Call for Price
Three Bedroom (3/1) - Call for Price
Four Bedroom (4/2) - Call for Price

The Foothills Details

  • 54 two, three and four bedroom units.
  • Townhouse
  • Low-Income Housing Tax Credit (LIHTC)
  • HOME Investment Partnerships Program

Property Amenities

  • Fitness Center
  • Playground
  • Basketball Court
  • BBQ/Picnic Area
  • Community Room
  • Computer Room
  • Laundry Facility
  • Swimming pool

Unit Amenities

  • Microwave
  • Refrigerator
  • Spacious floor plans
  • Fully Equipped Kitchen

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Meridian 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 Meridian but actual income limits may differ for units at The Foothills.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $26,200 $29,950 $33,700 $37,400 $40,400 $43,400 $46,400 $49,400
Low Income (60%) $31,440 $35,940 $40,440 $44,880 $48,480 $52,080 $55,680 $59,280

The Foothills is managed by Infinity Management & Investments, LLC.

Image of The Foothills
Image of The Foothills