Island Park Apartments

131 C St, Springfield, OR 97477

Waiting List Forecast: Likely Long or Closed

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Waitlist Forecast

Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.

Dave's Thoughts On Island Park Apartments

Since Island Park Apartments participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Island 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
30% AMI for PBRA Units $17,750 / year $20,250 / year $24,860 / year $30,000 / year $35,140 / year $40,280 / year $45,420 / year $50,560 / year
50% AMI for LIHTC Units $29,550 / year $33,750 / year $37,950 / year $42,150 / year $45,550 / year $48,900 / year $52,300 / year $55,650 / year
50% AMI for PBRA Units $29,550 / year $33,750 / year $37,950 / year $42,150 / year $45,550 / year $48,900 / year $52,300 / year $55,650 / year
80% AMI for PBRA Units $47,250 / year $54,000 / year $60,750 / year $67,450 / year $72,850 / year $78,250 / year $83,650 / year $89,050 / year

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

FAQs for Island Park Apartments

Does Island Park Apartments have a waiting list?

Island Park Apartments probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Island Park Apartments?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

In addition to Island Park Apartments, how many other affordable housing properties (and units) are there in Springfield?

In addition to Island Park Apartments, we list 15 other affordable properties in Springfield. Learn about these properties here. Our data research shows that there are a total of 718 affordable units in Springfield.

Listings Near Island Park Apartments

Village East Apartments

6330 Main St, Springfield, Oregon 97478

Afiya Apartments

1082 Main St, Springfield, Oregon 97477

Royal Building

509 Main St, Springfield, Oregon 97477

Rainbow Village

1250 Rainbow Dr, Springfield, Oregon 97477

The Park at Emerald Village

1950 2nd St, Springfield, Oregon 97477

Mckenzie Meadow Apartments

715 Oakdale Ave, Springfield, Oregon 97477

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.