650 SE 162nd Ave, Portland, OR 97233
Waiting List Forecast: Likely Short or None
Verified for 2021 by Ashley Ingram, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $971 - 1,159 per Month† | 1 - 2 Beds | 1 Bath | 650 - 800 Sq Ft |
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.
Waitlist NOW OPEN!
Spruce Park features NEWLY RENOVATED one and two bedroom Apartment Homes.
Enjoy an open, spacious floor plan filled with natural light and tons of storage!
Included are new LED fixtures, luxury vinyl plank flooring, a large kitchen with all new energy efficient appliances and lots of cabinets and countertop space.
Select Apartments include an electric fireplace and a private porch.
Our community is set within a quiet park like atmosphere with professional landscaping, two on-site laundry facilities, spacious community gathering areas and plenty of off street parking.
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 Spruce Park Apartments 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
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 650ft2 | $971† |
| Two Bedroom (2/1) | 800ft2 | $1,159† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $39,500 / year | $45,150 / year | $50,800 / year | $56,400 / year |
| 50% AMI for PBRA Units | $39,500 / year | $45,150 / year | $50,800 / year | $56,400 / year |
| 60% AMI for LIHTC Units | $47,400 / year | $54,180 / year | $60,960 / year | $67,680 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Spruce Park Apartments have a waiting list?
Spruce Park Apartments 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 Spruce Park Apartments?
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 Spruce Park Apartments?
Spruce Park Apartments is managed by Guardian Real Estate Services headquartered in Portland, Oregon.
In addition to Spruce Park Apartments, how many other affordable housing properties (and units) are there in Portland?
In addition to Spruce Park Apartments, 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.
430 NE 16th Ave, Portland, Oregon 97232
850 NE 81st Avenue , Portland, Oregon 97213
5025 N Vancouver Ave, Portland, Oregon 97217
712 SW Saint Clair, Portland, Oregon 97205
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