The Louisa Flowers

515 NE Holladay , Portland, OR 97232

Waiting List Forecast: Likely Short or None

check_circleVerified for 2022 by Lorena Bentley

Rent	Beds	Baths	SqFt
Call for Rents^†	Studio - 2 Beds	1 - 2 Baths	391 - 757 Sq Ft

Call (833) 570-6834

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.

The Louisa Flowers is a newly constructed 12 story, 240 unit apartment community located in the Lloyd District Neighborhood of NE Portland. The Louisa Flowers offers affordable studio, one and two bedroom floor plans. Close to public transportation, The Louisa Flowers offers commuting convenience and major retail shopping.

managed by Affinity Property Management

Dave's Thoughts On The Louisa Flowers

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 The Louisa Flowers 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

The Louisa Flowers Amenities

Controlled Access
Elevator
Close to Public Transportation
Gated Community
Air Conditioning
Ceiling Fan(s)
Dishwasher
Microwave
Carpet
Bicycle Storage
Energy Efficient Design
Laundry Facilities
Energy Efficient Appliances
Resident Lounge
Community Kitchen

Units at The Louisa Flowers

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	391ft²	Call for Price^†
One Bedroom (1/1)	450ft²	Call for Price^†
Two Bedroom (2/2)	757ft²	Call for Price^†

Income Qualification for The Louisa Flowers

*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
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.

FAQs for The Louisa Flowers

Does The Louisa Flowers have a waiting list?

The Louisa Flowers 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 The Louisa Flowers?

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.

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

In addition to The Louisa Flowers, 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.