5995 SW Menlo Dr, Beaverton, OR 97005
Waiting List Forecast: Likely Short or None
Verified for 2022 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 4 Beds | 1 - 3 Baths | 1 - 807 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.
Bridge Meadows Beaverton, which will replicate the success of Bridge Meadows North Portland, addresses the chronic issue of foster children in Washington County by creating permanent families and homes for foster children exiting the child welfare system, and surrounding the new families with supportive “honorary” grandparents, all living inter-dependently within an intentional intergenerational community.
To apply, please carefully review the application information located on the floor plans page. Applications must be emailed to BridgeMeadowsBeaverton@gres.com. Thank you for your interest in Bridge Meadows Beaverton!
Because Bridge Meadows Beaverton 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) | 626ft2 | Call for Price† |
| 2 Bedrooms (2/1) | 807ft2 | Call for Price† |
| 3 Bedrooms (3/2) | 1ft2 | Call for Price† |
| 4 Bedroom (4/3) | 1ft2 | 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 | $39,500 / year | $45,150 / year | $50,800 / year | $56,400 / year | $60,950 / year | $65,450 / year | $69,950 / year | $74,450 / year |
| 50% AMI for PBRA Units | $39,500 / year | $45,150 / year | $50,800 / year | $56,400 / year | $60,950 / year | $65,450 / year | $69,950 / year | $74,450 / year |
| 60% AMI for LIHTC Units | $47,400 / year | $54,180 / year | $60,960 / year | $67,680 / year | $73,140 / year | $78,540 / year | $83,940 / year | $89,340 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Bridge Meadows Beaverton have a waiting list?
Bridge Meadows Beaverton 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 Bridge Meadows Beaverton?
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 Bridge Meadows Beaverton?
Bridge Meadows Beaverton is managed by Guardian Real Estate Services headquartered in Portland, Oregon.
In addition to Bridge Meadows Beaverton, how many other affordable housing properties (and units) are there in Beaverton?
In addition to Bridge Meadows Beaverton, we list 128 other affordable properties in Beaverton. Learn about these properties here. Our data research shows that there are a total of 1250 affordable units in Beaverton.
2032 SW Merlo Ct, Beaverton, Oregon 97003
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