East Fair Terrace, located at 500 NW Division St in Gresham, has one and two bedroom apartments. East Fair Terrace participates in the Section 202 Supportive Housing for the Elderly program.
Now accepting waiting list applications!Last updated on September 11th, 2018
|1 Bedroom (1/1)||646||Call for Price|
|2 Bedroom (2/1)||729||Call for Price|
Welcome to East Fair Terrace Apartments in Gresham, Oregon. We offer affordable one and two bedroom apartments for seniors 62+ and disabled residents looking to be part of an active community right next to Gresham Town Fair shopping center! Our residents enjoy excellent access to public transportation, some paid utilities and fully equipped kitchens with large pantries. Rent is based on income. Please call for availability!
Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Gresham but actual income limits may differ for units at East Fair Terrace.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
These general income qualifications for Gresham, Oregon should only be used as a basic guide. To find out if you qualify, contact the community directly.
You can usually make up to 80% of the Area Median Income (AMI) to be eligible for a HUD-Assisted Housing unit, but income qualification tiers for this community may be different due to various policies.
East Fair Terrace receives rental subsidies through HUD-Assisted Housing for some or all of its apartments. Some units may be designated as market rate housing. Market rate units would have no subsidies or income restrictions.
East Fair Terrace is managed by Guardian Real Estate Services.