2566 SW Coho St, Corvallis, OR 97333
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 1.5 Bath | 658 - 1,089 Sq Ft |
Since this property is a HOME program 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.
Larson Commons is a 12-unit apartment complex in south Corvallis that provides affordable housing to qualified households earning 50% or below area median income (AMI) in Benton County. This property is ideally located set back off 3rd Street and ¼ mile from Lincoln School, a family medical clinic and within walking distance of a free public transportation bus route.
This property has a limited number of units set aside as a preference given to applicants who both income qualify and are referrals of Service Provider agencies that assist people who are homeless, or at risk of becoming homeless. Please contact property management for questions regarding the verification process.
Because Larson Commons participates in HUD's HOME program for rental housing, at least some of the units in this property are set aside for households at or below 60% of the AMI and rents are capped at the local FMR and in many cases much lower. For a 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 program. Since this property participates in the HOME program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bed One Bath (1/1) | 658ft2 | Call for Price† |
| Two Bedroom One Bath (2/1) | 824ft2 | Call for Price† |
| Two Bedroom One in a half Bath (2/1.5) | 847ft2 | Call for Price† |
| Three Bedroom One in a half Bath (3/1.5) | 1089ft2 | Call for Price† |
Does Larson Commons have a waiting list?
Larson Commons 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 Larson Commons?
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 Larson Commons?
Larson Commons is managed by Cascade Management, Inc headquartered in Portland, Oregon.
In addition to Larson Commons, how many other affordable housing properties (and units) are there in Corvallis?
In addition to Larson Commons, we list 22 other affordable properties in Corvallis. Learn about these properties here. Our data research shows that there are a total of 503 affordable units in Corvallis.
When was the Larson Commons listing last updated?
Larson Commons listing on Affordable Housing Online was last updated on 03/31/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
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