Russell Road & Corridor Apartments, located at 2802 Russell Road in Centralia, has two, three, four and five bedroom apartments. Russell Road & Corridor Apartments participates in the Low-Income Housing Tax Credit (LIHTC) program.
|Jefferson (2/1)||807||From $335 To $718|
|Olympic (2/1)||833||From $335 To $718|
|Shasta (3/2)||1043||From $385 To $827|
|Rainier (3/2)||1055||From $385 To $827|
|Cascade (3/2)||1081||From $385 To $827|
|Sierra (4/2)||1153||From $420 To $913|
|Bali (4/2)||1254||From $420 To $913|
|Pacific (4/2)||1255||From $420 To $913|
|Siskiyou (5/2)||1536||From $462 To $1,006|
You will love the lifestyle! One look will reveal the careful attention that has been given to your new home at Russell Road & Corridor Apartments. From the great location of the community to the apartment homes themselves. The community includes a fitness center, 2 playgrounds and courtyards which were designed with you in mind. You'll find comfortable, convenient, and affordable living here at Russell Road & Corridor. Your new apartment home has been professionally prepared for you with careful attention and includes large kitchens, extra storage space, built-in book shelves, a full size washer and dryer and energy-efficient appliances. Russell Road & Corridor is conveniently located less than a mile from the Centralia Outlet Mall, with easy access to the freeway and public transportation. You'll enjoy living at Russell Road & Corridor! Our wonderful community is tucked away from the hustle and bustle but minutes away from everything! Russell Road & Corridor is the comfort you have been waiting for!
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 Centralia but actual income limits may differ for units at Russell Road & Corridor Apartments.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$22,550||$25,750||$28,950||$32,150||$34,750||$37,300||$39,900||$42,450|
|Low Income (60%)||$27,060||$30,900||$34,740||$38,580||$41,700||$44,760||$47,880||$50,940|
Russell Road & Corridor Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.
Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.
Russell Road & Corridor Apartments is managed by Cambridge Management, Inc..