315 N Lake Ave, Duluth, MN 55806
Waiting List Forecast: Likely Short or None
Verified for 2021 by Joshua CappellRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | Studio Bed | 1 Bath | - |
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.
Built in 1911, Washington Junior High School served Duluth students until it closed in 1992. Artspace acquired the building and transformed it into an affordable live/work artists’ building— the first Artspace project outside the Twin Cities. In an unusual arrangement, the building shares the six-story red brick building with a city-run community center that includes the former school’s gymnasium, pool and offices.
Many of Washington Studios’ 39 live/work units retain the chalkboards and cloakrooms of the former classrooms. The original gymnasium running track was preserved as a balcony in each of two split-level units. Shared amenities include a gallery, several special project rooms, a laundry room, children’s playground and large parking lot.
Washington Studios occupies a prominent site in Duluth’s Central Hillside neighborhood. Many of its units offer spectacular views of downtown Duluth, the busy harbor and majestic Lake Superior. The downtown shopping district and Canal Park, where tourists gather to watch the ore boats pass under Duluth’s historic lift bridge, are within walking distance.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Washington Studios does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | - | 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 | $31,650 / year | $36,150 / year | $40,650 / year | $45,150 / year | $48,800 / year | $52,400 / year | $56,000 / year | $59,600 / year |
50% AMI for PBRA Units | $31,650 / year | $36,150 / year | $40,650 / year | $45,150 / year | $48,800 / year | $52,400 / year | $56,000 / year | $59,600 / year |
60% AMI for LIHTC Units | $37,980 / year | $43,380 / year | $48,780 / year | $54,180 / year | $58,560 / year | $62,880 / year | $67,200 / year | $71,520 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Washington Studios have a waiting list?
Washington Studios 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 Washington Studios?
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 Washington Studios?
Washington Studios is managed by Residential Properties Management
In addition to Washington Studios, how many other affordable housing properties (and units) are there in Duluth?
In addition to Washington Studios, we list 64 other affordable properties in Duluth. Learn about these properties here. Our data research shows that there are a total of 2945 affordable units in Duluth.
720 Maple Grove Rd, Duluth, Minnesota 55811
Know your rights as a Section 8 tenant.
In many areas, private landlords with an available unit can refuse interested tenants who have a Section 8 voucher. Check your local laws.Karan King says:
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