Villas De Mariposas

5020 NE Killingsworth St, Portland, OR 97218

Waiting List Forecast: Likely Short or None

check_circleVerified for 2021 by Cascade Management, Lorena Bentley

Rent	Beds	Baths	SqFt
Call for Rents^†	Floorplan Info Upon Request	-	-

Call (503) 493-1315 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.

Built in 2004, Mariposas consists of 71 two-, three- and four-bedroom town home and flat-style apartments. The project serves working families earning between 30 percent and 60 percent AMI. The project is located on two sites.

Villas de Mariposas is a beautifully designed community of quality and affordable housing, offering many amenities at an attractive price. The architectural details, including a city environment and rustic colors, bring a sense of history and tradition to this Portland community.

Villas de Mariposas is conveniently located within a beautiful neighborhood setting and near highway access and downtown Portland. Come in and see our professional management team today, they would love to show you around, so you can see for yourself why Villas de Mariposas is the affordable solution for high quality living in Portland.

Programs: all free and available for residents:

Vamos Kids: an after school program serves first- through fifth-grade students residing at this site. Vamos is designed to increase family involvement, attendance at school, school performance and reports of a positive school experience.
Portland Niños: aims to reduce preventable health disparities in Latino children
Expresiones: is an afterschool program for our middle school-age residents designed to increase family participation, school attendance and retention and reports of a positive experience in school.
Vive Activa: an exercise program to motive women for a better health
Resident Services: works directly with residents to create a better and stronger community

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 Villas De Mariposas

Because Villas De Mariposas 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

Villas De Mariposas Amenities

Community Room
Covered Parking
Dishwasher
Experienced Management
Landscaping
Private Patios
Computer Room
Electric Range
Wheel Chair Accessible

Income Qualification for Villas De Mariposas

*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 Villas De Mariposas

Does Villas De Mariposas have a waiting list?

Villas De Mariposas 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 Villas De Mariposas?

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 Villas De Mariposas?

Villas De Mariposas is managed by Cascade Management, Inc headquartered in Portland, Oregon.

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

In addition to Villas De Mariposas, 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.