8719 SE Monterey Ave, Happy Valley, OR 97086
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $470 - 568 per Month† | 1 - 2 Beds | 1 Bath | 387 - 584 Sq Ft |
Since this property is a LIHTC 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.
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.
Because Town Center Station participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Depending on the number of HOME-designated units and the type of LIHTC program, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (1/1) | 387ft2 | $470† |
| One Bedroom (2/1) | 584ft2 | $568† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $39,500 / year | $45,150 / year | $50,800 / year | $56,400 / year |
| 50% AMI for PBRA Units | $39,500 / year | $45,150 / year | $50,800 / year | $56,400 / year |
| 60% AMI for LIHTC Units | $47,400 / year | $54,180 / year | $60,960 / year | $67,680 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Town Center Station have a waiting list?
Town Center Station 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 Town Center Station?
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 Town Center Station?
Town Center Station is managed by Guardian Real Estate Services headquartered in Portland, Oregon.
In addition to Town Center Station, how many other affordable housing properties (and units) are there in Happy Valley?
In addition to Town Center Station, we list 12 other affordable properties in Happy Valley. Learn about these properties here. Our data research shows that there are a total of 193 affordable units in Happy Valley.
When was the Town Center Station listing last updated?
Town Center Station listing on Affordable Housing Online was last updated on 01/03/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Patti Lynn Druin says:
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