1875 Stoltz Hill Rd, Lebanon, OR 97355
Waiting List Forecast: Likely Short or None
Verified for 2022 by Cascade Management, Lorena BentleyRent | Beds | Baths | SqFt |
---|---|---|---|
$285 - 910 per Month† | Studio - 3 Beds | 1 - 2 Baths | 540 - 1,127 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.
Applegate Landing features studio, 1, 2 and 3 bedroom apartments designed for veterans and families alike. This new project is expected to be completed in late summer 2021.
Give our Lease-Up Team a call today to learn more about this amazing development in Lebanon, OR!
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This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Applegate Landing Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
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Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | 540ft2 | $285 $625† |
One Bedroom (1/1) | 724ft2 | $314 $665† |
Two Bedroom (2/1) | 844ft2 | $465 $793† |
Three Bedroom (3/2) | 1127ft2 | $615 $910† |
AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
---|---|---|---|---|---|---|
50% AMI for LIHTC Units | $27,850 / year | $31,800 / year | $35,800 / year | $39,750 / year | $42,950 / year | $46,150 / year |
50% AMI for PBRA Units | $27,850 / year | $31,800 / year | $35,800 / year | $39,750 / year | $42,950 / year | $46,150 / year |
60% AMI for LIHTC Units | $33,420 / year | $38,160 / year | $42,960 / year | $47,700 / year | $51,540 / year | $55,380 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Applegate Landing Apartments have a waiting list?
Applegate Landing Apartments 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 Applegate Landing Apartments?
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 Applegate Landing Apartments?
Applegate Landing Apartments is managed by Cascade Management, Inc headquartered in Portland, Oregon.
In addition to Applegate Landing Apartments, how many other affordable housing properties (and units) are there in Lebanon?
In addition to Applegate Landing Apartments, we list 11 other affordable properties in Lebanon. Learn about these properties here. Our data research shows that there are a total of 416 affordable units in Lebanon.
Housing options for persons with disabilities.
Many housing programs have apartments or properties restricted to residents with disabilities, including Section 811 Supportive Housing for Persons with DisabilitiesDiane Johnson says:
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