Sterling Meadows Apartments

500 Sterling Dr, Bellingham, Washington 98226

Sterling Meadows Apartments are set aside for persons with disabilities and 10 are set aside for large families. This community offers 2 and 3 bedroom apartments.

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Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - Call for Price
3 Bedroom (3/1) - Call for Price

Sterling Meadows Apartments Details

  • 51 0 and 0 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Computer Lab
  • Playground
  • Laundry Facilities

Low-Income Housing Tax Credit (LIHTC)

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.

Bellingham Low-Income Housing Tax Credit Income Limits

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 Bellingham but actual income limits may differ for units at Sterling Meadows Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $28,400 $32,450 $36,500 $40,550 $43,800 $47,050 $50,300 $53,550
Low Income (60%) $34,080 $38,940 $43,800 $48,660 $52,560 $56,460 $60,360 $64,260

Sterling Meadows Apartments is managed by Mercy Housing.

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