Cascadian Terrace is situated in the middle of a quaint North Portland neighborhood, one block north of Killingsworth Street, with convenient access to I-5 and Portland's wonderful public transportation system. Live within walking distance to Peninsula Park, the community library, cafes and restaurants! Our gated community features mature landscaping, including a golden plum tree and community garden. Residents enjoy gathering in our community room to play pool, shuffleboard, or to visit with neighbors over a cup of coffee. Cascadian Terrace is a non-smoking community. Income restrictions apply. Please stop by for a tour, income restrictions may apply.
Last updated on September 11th, 2018
|Studio (Studio/1)||350||Call for Price|
|1 Bedroom (1/1)||468-620||Call for Price|
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Portland but actual income limits may differ for units at Cascadian Terrace.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$33,850||$38,700||$43,550||$48,350||$52,250||$56,100||$60,000||$63,850|
|Low Income (60%)||$40,620||$46,440||$52,260||$58,020||$62,700||$67,320||$72,000||$76,620|
Cascadian Terrace is managed by Guardian Real Estate Services.