Orchards Plaza

1310 NE 27th St, Mcminnville, Oregon 97128

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 576 Call for Price
2 Bedroom (2/1) 768 Call for Price

About Orchards Plaza

Property Details

  • 60 one and two bedroom units.
  • Project-Based Rental Assistance

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Orchards Plaza was last updated on 09/11/2018

Property Amenities

  • Controlled Access
  • Fitness Center
  • Library
  • Emergency Pull Cord
  • Laundry Room(s)
  • Community Garden
  • Game Room
  • Resident Activities

Unit Amenities

  • Kitchen Pantry

Office Hours

Day Hours
Monday 9:00am-2:00pm
Tuesday 9:00am-2:00pm
Wednesday 9:00am-2:00pm
Thursday 9:00am-2:00pm
Friday 9:00am-2:00pm

Orchards Plaza is an affordable community for seniors and people with disabilities located in McMinnville, Oregon. We offer 1 and 2 bedroom apartments, controlled access, fitness center, laundry facilities, a media room and more! Our residents enjoy a community garden, resident activities, and strolling our beautiful courtyard walk. Income restrictions may apply.

Section 42 Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, monthly rent cannot exceed the Tax Credit maximum rent for the area. Households earning less than 60% of the area median income qualify for units with reduced rent. Some rental units in this property may not be subject to LIHTC and therefore may be set at levels higher than the area's LIHTC limits.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 515 properties, insures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Mcminnville HUD Rental Assistance Income Qualifications

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $17,100 $19,550 $22,000 $25,100 $29,420 $33,740 $38,060 $42,380
50% $28,500 $32,600 $36,650 $40,700 $44,000 $47,250 $50,500 $53,750
80% $45,600 $52,100 $58,600 $65,100 $70,350 $75,550 $80,750 $85,950

Mcminnville Low Income Housing Tax Credit Income Qualifications

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% $28,500 $32,600 $36,650 $40,700 $44,000 $47,250 $50,500 $53,750
60% $34,200 $39,120 $43,980 $48,840 $52,800 $56,700 $60,600 $64,500

Orchards Plaza was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program and receives rental subsidies through HUD-Assisted Housing. These programs have different income limits that can lead to apartments in the same property having different income requirements.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. However, you can earn at most 60% of AMI to be eligible for a LIHTC property and many units may be set aside for those with the lowest incomes (down to 15% of AMI). LIHTC properties may also contain some market rate units.

Since Orchards Plaza has both programs, the most restrictive of the income limits will apply for each unit. If the entire property is funded by LIHTC, the LIHTC income limit of 60% AMI would be used for all units. Apartments in properties with some units not funded by the LIHTC, but receiving Section 8 assistance, would be open to households making up to 80% AMI. Market rate units would have no subsidies or income restrictions.

Figuring out income and rent limits for affordable housing can be complex when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Orchards Plaza is managed by Guardian Real Estate Services.

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