100 E Carolina St, Lebanon, OR 97355
Waiting List Forecast: Likely Short or None
Verified for 2020 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 2 Beds | 1 Bath | - |
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.
Carolina 100 is a 16-unit apartment complex located in north Lebanon that provides affordable housing to qualified households earning 60% or below the area median income (AMI) in Linn County. This property is within walking distance of the Lebanon Public Library, Senior and Community Center, local shopping, other city services and schools.
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 Carolina 100 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 |
|---|---|---|
| Studio (Studio/1) | - | Call for Price† |
| One Bed One Bath (1/1) | - | Call for Price† |
| Two Bedroom One Bath (2/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $16,700 / year | $19,720 / year | $24,860 / year | $30,000 / year |
| 50% AMI for LIHTC Units | $27,850 / year | $31,800 / year | $35,800 / year | $39,750 / year |
| 50% AMI for PBRA Units | $27,850 / year | $31,800 / year | $35,800 / year | $39,750 / year |
| 80% AMI for PBRA Units | $44,550 / year | $50,900 / year | $57,250 / year | $63,600 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Carolina 100 have a waiting list?
Carolina 100 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 Carolina 100?
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 Carolina 100?
Carolina 100 is managed by Cascade Management, Inc headquartered in Portland, Oregon.
In addition to Carolina 100, how many other affordable housing properties (and units) are there in Lebanon?
In addition to Carolina 100, 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.
1875 Stoltz Hill Rd, Lebanon, Oregon 97355
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