Canal Commons is a multifamily housing property that provides affordable units to households earning, at initial occupancy, 60% and below the area median income in Deschutes County.
This newly-constructed property features 48 one, two, and three-bedroom units for low-income families. Canal Commons has been designed with many energy efficient features and is located near public transit lines, medical services, schools, parks, shops, restaurants, and offices of Bend.
|One Bedroom (1/1)||-||Call for Price|
|Two Bedroom (2/1)||917||Call for Price|
|Three Bedroom (3/1)||-||Call for Price|
Canal Commons is managed by Viridian Management.
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.