2400 13th Ave S, Great Falls, MT 59405
Waiting List Forecast: Likely Short or None
Verified for 2023 by Jodie Stovall| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 1 Bed | 1 Bath | 370 - 740 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.
Soroptimist Village Apartments in Great Falls, Montana is a wonderful senior property with all the comforts of home. Cozy and warm with all utilities included, these newly remodeled studio and one-bedroom units are open, bright and airy. You can enjoy the common areas for socializing or the outdoor Gazebo for fresh air. Soroptimist Village Apartments is a nonsmoking facility, with three private buildings each with storage and laundry facilities. Get quick answers and repairs with an on-site manager and maintenance person on-site; along with Fob key security system for after hours. All this within walking distance of doctor offices, 2 Hospitals, and shopping, fast food, and parks.
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 Soroptimist Village 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) | 370ft2 | Call for Price† |
| 1 Bedroom (1/1) | 740ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $17,650 / year | $20,200 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $29,400 / year | $33,600 / year | $37,800 / year | $42,000 / year | $45,400 / year | $48,750 / year | $52,100 / year | $55,450 / year |
| 50% AMI for PBRA Units | $29,400 / year | $33,600 / year | $37,800 / year | $42,000 / year | $45,400 / year | $48,750 / year | $52,100 / year | $55,450 / year |
| 60% AMI for LIHTC Units | $35,280 / year | $40,320 / year | $45,360 / year | $50,400 / year | $54,480 / year | $58,500 / year | $62,520 / year | $66,540 / year |
| 80% AMI for PBRA Units | $47,050 / year | $53,800 / year | $60,500 / year | $67,200 / year | $72,600 / year | $78,000 / year | $83,350 / year | $88,750 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Soroptimist Village have a waiting list?
Soroptimist Village 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 Soroptimist Village?
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 Soroptimist Village?
Soroptimist Village is managed by Tamarack Property Management Co. headquartered in Billings, Montana.
In addition to Soroptimist Village, how many other affordable housing properties (and units) are there in Great Falls?
In addition to Soroptimist Village, we list 30 other affordable properties in Great Falls. Learn about these properties here. Our data research shows that there are a total of 1628 affordable units in Great Falls.
When was the Soroptimist Village listing last updated?
Soroptimist Village listing on Affordable Housing Online was last updated on 01/02/2023 by Jodie Stovall. Remember, a property's status can change so you should contact the property to confirm.
3416 & 3200 11th Ave S, 429 56th St S, 701 3rd Ave NW, Great Falls, Montana 59405
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