Ikoi So Terrace

1550 SE Oak Grove Blvd, Milwaukie, OR 97267

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Joshua Cappell
Rent Beds Baths SqFt
Call for Rents Floorplan Info Upon Request - -
check_circle  Senior (62+)
check_circle  Accessible Units
check_circle  Project-Based Rental Assistance
check_circle  Supportive Housing for the Elderly

Waitlist Forecast

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.

Dave's Thoughts On Ikoi So Terrace

Because Ikoi So Terrace 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Ikoi So Terrace

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
30% AMI for PBRA Units $23,700 / year $27,100 / year $30,500 / year $33,850 / year $36,600 / year $40,280 / year $45,420 / year $50,560 / year
50% AMI for LIHTC Units $39,500 / year $45,150 / year $50,800 / year $56,400 / year $60,950 / year $65,450 / year $69,950 / year $74,450 / year
50% AMI for PBRA Units $39,500 / year $45,150 / year $50,800 / year $56,400 / year $60,950 / year $65,450 / year $69,950 / year $74,450 / year
60% AMI for LIHTC Units $47,400 / year $54,180 / year $60,960 / year $67,680 / year $73,140 / year $78,540 / year $83,940 / year $89,340 / year
80% AMI for PBRA Units $63,150 / year $72,200 / year $81,200 / year $90,200 / year $97,450 / year $104,650 / year $111,850 / year $119,100 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Ikoi So Terrace

Does Ikoi So Terrace have a waiting list?

Ikoi So Terrace 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 Ikoi So Terrace?

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 Ikoi So Terrace, how many other affordable housing properties (and units) are there in Milwaukie?

In addition to Ikoi So Terrace, we list 39 other affordable properties in Milwaukie. Learn about these properties here. Our data research shows that there are a total of 808 affordable units in Milwaukie.

When was the Ikoi So Terrace listing last updated?

Ikoi So Terrace 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.

Listings Near Ikoi So Terrace

Willamalane Apartments

4707 SE Boardman Ave, Milwaukie, Oregon 97267

bed 1-3
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Seneca Terrace

11802 SE Fuller Rd, Milwaukie, Oregon 97222

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Cascade Meadows

10005 SE Bell Ave, Milwaukie, Oregon 97222

payment Subsidized

Fox Pointe Apartments

4616 SE Roethe Rd, Milwaukie, Oregon 97267

bed 2-3
switch_access_shortcut Short Wait
accessibility Accessible

Holly Acres

3710 SE Concord Rd, Milwaukie, Oregon 97267

bed 1-2
payment $1395-1595/mo.

Henley Place

10306 SE Main St, Milwaukie, Oregon 97222

bed Studio-1
payment $1475-1635/mo.
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

Email Signup
Don't Miss A Waiting List Opening