Town Center Station

8719 SE Monterey Ave, Happy Valley, Oregon 97086

Sustainable, modern and well appointed studios and one bedroom apartments are now available at Town Center Station. Here you will enjoy a community of learning, working, and relaxation. Live, work and play near the new MAX Green Line, the Clackamas Town Center, Clackamas Community College, the Aquatic Center, bike trails, movie theaters, and hundreds of restaurants and retail shops.

At Town Center Station you will enjoy a true community setting. Come attend a cooking class, gardening class, or financial budgeting workshop all offered conveniently on site! You can also enjoy the free use of computers and high speed internet in the computer lab.

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Units

Unit (Bd/Ba) Ft2 Rent
Studio (1/1) 387 $470
One Bedroom (2/1) 584 $568

Town Center Station Details

  • 52 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Laundry Room

Nearby Amenities

  • Close to Public Transportation

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.

Happy Valley Low-Income Housing Tax Credit Income Limits

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 Happy Valley but actual income limits may differ for units at Town Center Station.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $33,850 $38,700 $43,550 $48,350 $52,250 $56,100 $60,000 $63,850
Low Income (60%) $40,620 $46,440 $52,260 $58,020 $62,700 $67,320 $72,000 $76,620

Town Center Station is managed by Guardian Real Estate Services.

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