3340 SE Harbor Dr, Lincoln City, OR 97367
Waiting List Forecast: Likely Short or None
Verified for 2021 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 - 3 Beds | 1 - 1.5 Bath | 1 - 811 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.
Live at The Ridge in Lincoln City, Oregon! We offer two and three bedroom townhouse and flat style apartment homes, including private balconies, fully equipped kitchens, washer and dryer hook-ups and access to our community room. The Ridge is located near Taft Public Schools, is walking distance to the beach, and our residents have easy access to Lincoln City's vibrant collection of shopping and dining destinations. Please call for availability. Income restrictions apply.
Because The Ridge Apartments 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. For a HOME 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 and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 2 Bedroom Townhouse (2/1.5) | 1ft2 | Call for Price† |
| 2 Bedroom (2/1) | 811ft2 | Call for Price† |
| 3 Bedroom (3/1) | 1ft2 | Call for Price† |
| 3 Bedroom Townhouse (3/1.5) | 1ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $26,600 / year | $30,400 / year | $34,200 / year | $38,000 / year | $41,050 / year | $44,100 / year |
| 50% AMI for PBRA Units | $26,600 / year | $30,400 / year | $34,200 / year | $38,000 / year | $41,050 / year | $44,100 / year |
| 60% AMI for LIHTC Units | $31,920 / year | $36,480 / year | $41,040 / year | $45,600 / year | $49,260 / year | $52,920 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Ridge Apartments have a waiting list?
The Ridge 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 The Ridge 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 The Ridge Apartments?
The Ridge Apartments is managed by Guardian Real Estate Services headquartered in Portland, Oregon.
In addition to The Ridge Apartments, how many other affordable housing properties (and units) are there in Lincoln City?
In addition to The Ridge Apartments, we list 5 other affordable properties in Lincoln City. Learn about these properties here. Our data research shows that there are a total of 223 affordable units in Lincoln City.
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