St. Francis Park Apartments

1177 SE Stark St, Portland, OR 9721

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Cascade Management, Lorena Bentley, Ayat Elkarib, Joshua Cappell

Rent	Beds	Baths	SqFt
Call for Rents^†	Studio - 1 Bed	1 Bath	380 - 586 Sq Ft

Call (503) 704-2360 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.

For application and screening criteria, visit: https://www.cascade-management.com/files/application_forms/1610480149Pre_Application_StFrancisPark.pdf

This apartment community features beautiful, open architecture that creates a modern atmosphere. St. Francis Park features a large, outdoor courtyard with beautiful landscaping for the tenant's to enjoy. Its centralized location offers nearby shopping, food, parks, and freeway access.

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 St. Francis Park Apartments

Because St. Francis Park Apartments 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 Layfield, Founder of Affordable Housing Online

St. Francis Park Apartments Amenities

Community Room
Refrigerator
Water Trash and Sewer Included
Stove
Cable & Internet Ready
Laundry Facilities
Electric Range
Convenient Location

Units at St. Francis Park Apartments

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	380ft²	Call for Price^†
One Bedroom (1/1)	586ft²	Call for Price^†

Income Qualification for St. Francis Park Apartments

*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 St. Francis Park Apartments

Does St. Francis Park Apartments have a waiting list?

St. Francis 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 St. Francis 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 St. Francis Park Apartments?

St. Francis Park Apartments is managed by Cascade Management, Inc headquartered in Portland, Oregon.

In addition to St. Francis Park Apartments, how many other affordable housing properties (and units) are there in Portland?

In addition to St. Francis 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.