3693 Arrowhead Dr, Medford, OR 97504
Waiting List Forecast: Likely Short or None
Verified for 2023 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $498 - 685 per Month† | 1 - 3 Beds | 1 Bath | - |
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.
Canterbury Hills is located in Medford at 3693 Arrowhead Drive, Medford. It is a 48 unit, Low Income Housing Tax Credit project, built in 2012.
Because Canterbury Hills 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, 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 |
|---|---|---|
| One Bedroom (1/1) | - | $498† |
| Two Bedroom (2/1) | - | $600† |
| Three Bedroom (3/1) | - | $685† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $28,350 / year | $32,400 / year | $36,450 / year | $40,450 / year | $43,700 / year | $46,950 / year |
| 50% AMI for PBRA Units | $28,350 / year | $32,400 / year | $36,450 / year | $40,450 / year | $43,700 / year | $46,950 / year |
| 60% AMI for LIHTC Units | $34,020 / year | $38,880 / year | $43,740 / year | $48,540 / year | $52,440 / year | $56,340 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Canterbury Hills have a waiting list?
Canterbury Hills 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 Canterbury Hills?
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.
In addition to Canterbury Hills, how many other affordable housing properties (and units) are there in Medford?
In addition to Canterbury Hills, we list 54 other affordable properties in Medford. Learn about these properties here. Our data research shows that there are a total of 1467 affordable units in Medford.
When was the Canterbury Hills listing last updated?
Canterbury Hills listing on Affordable Housing Online was last updated on 01/02/2023 by Joshua Cappell. Remember, a property's status can change so you should contact the property to confirm.
1972 Homeview Drive, Medford, Oregon 97501
700 Royal Ave, Medford, Oregon 97504
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