222 1st Ave S, Jamestown, ND 58401
Waiting List Forecast: Likely Short or None
Verified for 2022 by Bobby Kiefert| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | 542 - 780 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.
The Posthouse, built in 1926 was renovated and features modern contemporary living in a historic setting. The integrity of the historic Post Office has been retained. To accommodate your stay with us we are located across the street from the local grocery store, pharmacy, and the Jamestown Public Library. We are close to MedCenter One clinic and within walking distance to several churches. We have noon meals provided by the Senior Center and monthly activities. We want to make your stay with us an enjoyable one so give us a call today and we will do our best to accommodate your needs.
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 Posthouse Apartments 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 BR (1/1) | 542ft2 | Rent is Based On Your Income† |
| 2 BR (2/1) | 780ft2 | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $33,500 / year | $38,300 / year | $43,100 / year | $47,850 / year |
| 50% AMI for PBRA Units | $33,500 / year | $38,300 / year | $43,100 / year | $47,850 / year |
| 60% AMI for LIHTC Units | $40,200 / year | $45,960 / year | $51,720 / year | $57,420 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Posthouse Apartments have a waiting list?
Posthouse Apartments 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 Posthouse Apartments?
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 Posthouse Apartments?
Posthouse Apartments is managed by MetroPlains Management, LLC headquartered in Devils Lake, North Dakota.
In addition to Posthouse Apartments, how many other affordable housing properties (and units) are there in Jamestown?
In addition to Posthouse Apartments, we list 12 other affordable properties in Jamestown. Learn about these properties here. Our data research shows that there are a total of 445 affordable units in Jamestown.
When was the Posthouse Apartments listing last updated?
Posthouse Apartments listing on Affordable Housing Online was last updated on 07/28/2022 by Bobby Kiefert. Remember, a property's status can change so you should contact the property to confirm.
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