17309 40th Avenue Northeast, Arlington, WA 98223
Waiting List Forecast: Likely Short or None
Verified for 2020 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | - |
This property is currently under construction.
The expected completion date for this community is August of 2020.
Cedar Pointe Apartments will provide 255 new affordable apartments for seniors in the Smokey Point community of Arlington, Washington. The new development is the first residential community to occur utilizing the City’s recently adopted Mixed Use Overlay District.
The development is a luxury 55+ apartment community that will provide 175 one-bedroom units and 80 two-bedroom units, including a one-bedroom manager’s unit. Once completed, Cedar Pointe will offer spacious 1 and 2 bedroom apartment homes featuring modern appliances including full-size washer and dryer, microwave, dishwasher and more. All of the units will be affordable to seniors earning 60% of the Area Median Income (AMI).
Located about 40 miles north of Seattle and near the foothills of the Cascade Mountains in Snohomish County, Arlington combines the northwest living with easy access to urban centers and outdoor activities. The site is located along the north side of 172nd Street NE, which is a four-lane thoroughfare that traverses east/west and provides access to Interstate 5 to the west approximately .45 miles.
The development will be located near shopping, recreational amenities, transportation and services including the UW Neighborhood Smokey Point Health Clinic and the Stillaguamish Senior Center. Access to groceries, pharmacy, and shopping is convenient, and within walking distance. A post office and the Arlington Municipal Airport is less than two miles away. The Cascade Valley Hospital and the Arlington Library are less than four miles away. The community is also located within a quarter mile of the Smokey Point Transit Center, which has seven bus routes that will allow residents to easily access all of Arlington. In addition, a transit stop is also being proposed at the frontage along 172nd Street.
Cedar Pointe Apartments will be constructed on a 4.05-acre site in a single four-story elevator building. The community’s colorful, earth-hued exterior will be bordered by alfresco open-air spaces including two fitness walks, a community garden, fire pit, barbeque area, garden plots and two courtyards surrounded by attractive landscaping. Interior community spaces will include a leasing office, community room, media room, exercise room, yoga room, activity room, social/meeting room, two private dining rooms, and a business center.
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 Cedar Pointe Apartments 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
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Call for Price† |
| 2 Bedroom (2/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $47,950 / year | $54,800 / year | $61,650 / year | $68,500 / year |
| 50% AMI for PBRA Units | $47,950 / year | $54,800 / year | $61,650 / year | $68,500 / year |
| 60% AMI for LIHTC Units | $57,540 / year | $65,760 / year | $73,980 / year | $82,200 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cedar Pointe Apartments have a waiting list?
Cedar Pointe 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 Cedar Pointe 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.
In addition to Cedar Pointe Apartments, how many other affordable housing properties (and units) are there in Arlington?
In addition to Cedar Pointe Apartments, we list 21 other affordable properties in Arlington. Learn about these properties here. Our data research shows that there are a total of 1073 affordable units in Arlington.
18506 Smokey Point Boulevard, Arlington, Washington 98223
18300 Smokey Point Blvd, Arlington, Washington 98223
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