Azimuth 315 Apartments

2155 Northwest Labiche Lane, Bend, Oregon 97701

Azimuth 315 Apartments is located in NorthWest Crossing, a 500 acre award winning mixed-use master-planned community on Bend's Westside. Schools, parks, shops, restaurants, and offices are all within walking distance. Azimuth 315 Apartments will include highly energy efficient exterior walls, super high efficiency air source heating/cooling, solar-generated electricity and solar-heated water, triple pane equivalent windows, dual flush toilets, and drought tolerant landscaping.

Units

Unit (Bd/Ba)	Ft2	Rent
1 Bedroom (1/1)	-	Call for Price
2 Bedroom (2/1)	-	Call for Price

Azimuth 315 Apartments Details

• 50 one and two bedroom units.
• Low-Income Housing Tax Credit (LIHTC)
• HOME Investment Partnerships Program

Office Hours

Day	Hours
Monday	9:30am-3:00pm
Tuesday	9:30am-3:00pm
Wednesday	9:30am-3:00pm
Thursday	9:30am-3:00pm
Friday	9:30am-3:00pm

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.

Azimuth 315 Apartments is managed by Viridian Management.

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