NULL

12485 SE Powell Blvd, Portland, OR 97236

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Cascade Management, Lorena Bentley

Rent	Beds	Baths	SqFt
$1,088 - 1,395 per Month^†	2 - 3 Beds	1 Bath	909 - 1,076 Sq Ft

Call (971) 470-5863 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.

We are excited to announce that applications are being accepted for the Canopy at Powell Apartments.

You can complete a digital application by following the link HERE or download an application by clicking on the link labeled PRINT APPLICATION FORM to the right of this page. You can also email the property at canopyatpowell@cascade-management.com and request one be sent to you and we will respond with an application attachment or send one in the mail.

Income Limits Apply: 60% AMI

Dave's Thoughts On NULL

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 NULL 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

NULL Amenities

Controlled Access
Elevator
Playground
Air Conditioning
Ceiling Fan(s)
Dishwasher
Garbage Disposal
Walk-in Closet(s)
Carpet
Patio Deck Or Balcony
Refrigerator
Oven and Range
Water Trash and Sewer Included
Bicycle Storage
Stove
vinyl tile flooring
Courtyard
Laundry Facility
Heating

Units at NULL

Unit (Bd/Ba)	Ft²	Rent
2 Bedroom (2/1)	909ft²	Rent is Based On Your Income^†
3 Bedroom (3/1)	1076ft²	Rent is Based On Your Income^†

Income Qualification for NULL

*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
50% AMI for LIHTC Units	$39,500 / year	$45,150 / year	$50,800 / year	$56,400 / year	$60,950 / year	$65,450 / year
50% AMI for PBRA Units	$39,500 / year	$45,150 / year	$50,800 / year	$56,400 / year	$60,950 / year	$65,450 / year
60% AMI for LIHTC Units	$47,400 / year	$54,180 / year	$60,960 / year	$67,680 / year	$73,140 / year	$78,540 / year

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

FAQs for NULL

Does NULL have a waiting list?

NULL 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 NULL?

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 NULL?

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

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

In addition to NULL, 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.

When was the NULL listing last updated?

NULL listing on Affordable Housing Online was last updated on 10/20/2023 by Cascade Management. Remember, a property's status can change so you should contact the property to confirm.