Cedarwest Apartments, located at 825 Watt Way in Bend, has one, two and three bedroom apartments. Cedarwest Apartments participates in the Low-Income Housing Tax Credit (LIHTC) program.
Currently accepting waiting list applications. As of November 20th, 2018, this list was 124 applications long.Last updated on November 20th, 2018
Currently accepting waiting list applications. As of November 20th, 2018, this list was 52 applications long.Last updated on November 20th, 2018
|1 Bedroom (1/1)||582||Income Based|
|2 Bedroom (2/1)||856||Income Based|
|3 Bedroom (3/1)||1,178||Income Based|
At Cedarwest Apartments you can enjoy a comfortable and serene community centrally located near it all! Each home features painted accent walls, brushed nickel fixtures, built-in air conditioners and washer/dryer hook-ups for your convenience. The kitchen provides abundant cabinet and counter space. Nestled at the base of Pilot Butte, residents of Cedarwest can delight in the beautiful views that Bend is known for. Monthly resident events, fitness center, sports court, community laundry area, newly remodeled clubhouse, large DVD library and playground are also available for your exclusive use and enjoyment. They also offer rentable garage areas to accompany the attached storage areas that come complimentary with most homes!
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.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Bend but actual income limits may differ for units at Cedarwest Apartments.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$26,800||$30,600||$34,450||$38,250||$41,350||$44,400||$47,450||$50,500|
|Low Income (60%)||$32,160||$36,720||$41,340||$45,900||$49,620||$53,280||$56,940||$60,600|
Cedarwest Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.
Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.