Miraflores

8901 N Newell Ave, Portland, OR 97203

Waiting List Forecast: Likely Short or None

check_circleVerified for 2020 by Cascade Management, Lorena Bentley, Joshua Cappell

Rent	Beds	Baths	SqFt
$1,036 - 1,679 per Month^†	2 - 4 Beds	1 - 2 Baths	840 - 1,316 Sq Ft

Call (503) 289-4802 Email

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.

Miraflores features spacious 2, 3, & 4 bedroom apartments in a beautiful community setting. You will notice immediately that quality is the difference and at a price you can afford.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.

Dave's Thoughts On Miraflores

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Miraflores does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

~ Dave Layfield, Founder of Affordable Housing Online

Miraflores Amenities

Playground
Basketball Court
On-Site Manager
Close to Public Transportation
Off-Street Parking
Refrigerator
Water Trash and Sewer Included
Cable & Internet Ready
Laundry Facilities
Electric Range

Units at Miraflores

Unit (Bd/Ba)	Ft²	Rent
2 Bedroom (2/1)	840ft²	$1,036 $1,326^†
3 Bedroom (3/2)	1225ft²	$1,197 $1,522^†
4 Bedroom (4/2)	1316ft²	$1,336 $1,679^†

Income Qualification for Miraflores

*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
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

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

FAQs for Miraflores

Does Miraflores have a waiting list?

Miraflores 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 Miraflores?

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 Miraflores?

Miraflores is managed by Cascade Management, Inc headquartered in Portland, Oregon.

In addition to Miraflores, how many other affordable housing properties (and units) are there in Portland?

In addition to Miraflores, we list 696 other affordable properties in Portland. Learn about these properties here. Our data research shows that there are a total of 21786 affordable units in Portland.