Nowhere else in the Logan area will you find such a high-quality rental lifestyle that feels like living in your own home. With private garages, enclosed backyards and state-of-the-art amenities it’s hard to believe rent is this affordable. Ranging from $347 - $926 a month for 3 bedroom homes and $393 - $931 a month for 4 bedroom homes depending on household income, The Springs at Logan River provides a quality of life unmatched by any other affordable housing development in the area. They also have 3 bedroom market rate units available that are not based on income. Please call for rents on the market rate units.
|3 Bedroom (3/2)||-||Call for Price|
|3 Bedroom ADA` (3/2)||-||Call for Price|
|4 Bedroom (4/2)||-||Call for Price|
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Logan but actual income limits may differ for units at Springs at Logan River, Phase IV.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$29,050||$33,200||$37,350||$41,450||$44,800||$48,100||$51,400||$54,750|
|Low Income (60%)||$34,860||$39,840||$44,820||$49,740||$53,760||$57,720||$61,680||$65,700|