The Reserve at Auburn is bringing affordable, state-of-the-art housing to families in Puget Sound who meet LIHTC (Low Income Housing Tax Credit) criteria. Choose from well-appointed one- and two-bedroom apartments and find the perfect home to meet your needs. Located in downtown Auburn, your home at The Reserve is mere steps away from a variety of shopping, dining, and transportation options. Contact us today to learn more about the exciting features The Reserve at Auburn has to offer.
|1 Bedroom (1/1)||-||Call for Price|
|2 Bedroom (2/1)||-||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 Auburn but actual income limits may differ for units at The Reserve at Auburn.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$40,500||$46,300||$52,100||$57,850||$62,500||$67,150||$71,750||$76,400|
|Low Income (60%)||$48,600||$55,560||$62,520||$69,420||$75,000||$80,580||$86,100||$91,680|
The Reserve at Auburn is managed by Indigo Real Estate.