10130 W Riverside Dr, Bothell, WA 98011
Waiting List Forecast: Likely Short or None
Verified for 2022 by Connor Bailey, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $753 - 1,107 per Month† | 1 - 2 Beds | 1 Bath | 595 - 795 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. 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.
Riverside Landing is the perfect home to suit your active senior lifestyle! You'll love their location in beautiful Bothell, WA, with restaurants, coffee shops, grocery stores, public pool, and parks all under a half mile away. Enjoy the lovely community room or shady back patio with BBQs, where you can spend time with friends and family. Relax after a busy day in your spacious and comfortable apartment home. Live conveniently next to the North Shore Senior Center and enjoy their bus service to the surrounding area. Riverside Landing is a Community for seniors 62+.
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 Riverside Landing 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. As a LIHTC property that chose the 20/50 election, this property has agreed to set aside at least 20% of its units for families and individuals earning 50% of Area Median Income (AMI). Many of these properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with very low incomes.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 595ft2 | $753 $921† |
| 2 Bedrooms (2/1) | 795ft2 | $905 $1,107† |
| 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 Riverside Landing Apartments have a waiting list?
Riverside Landing 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 Riverside Landing 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.
What property management company manges Riverside Landing Apartments?
Riverside Landing Apartments is managed by Cirrus Asset Management Inc. headquartered in Woodland Hills, California.
In addition to Riverside Landing Apartments, how many other affordable housing properties (and units) are there in Bothell?
In addition to Riverside Landing Apartments, we list 5 other affordable properties in Bothell. Learn about these properties here. Our data research shows that there are a total of 576 affordable units in Bothell.
When was the Riverside Landing Apartments listing last updated?
Riverside Landing Apartments listing on Affordable Housing Online was last updated on 07/14/2022 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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