3331 Broadway, Everett, WA 98201
Waiting List Forecast: Likely Short or None
Verified for 2020 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
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.
The development of the HopeWorks Station campus began in 2014 with the acquisition and renovation of a two story-building located at 34th and Broadway in the growing Everett Station District, just two blocks from the newly renovated transit station. HopeWorks Station I is home to our three existing social enterprises and HopeWorks’ staff offices. Travelling north on Broadway Ave., our well-kept, green landscaping designed by GroundWorks catches your eye amidst the many industrial buildings. Our street-front windows showcase an alluring array of home furnishings and decor for sale at ReNewWorks. As you wander in search of the perfect vintage dinner table, the sound and smell of fresh brewed coffee stirs your senses and draws you over to Kindred Kitchen; which serves drinks, pastries, and sandwiches. All three of these social enterprises not only offer great products and services; they also provide job training and supportive services for individuals facing barriers to employment. HopeWorks Campus will be expanding in Fall 2019, with the addition of HopeWorks Station Phase II; part of a coordinated initiative between HopeWorks and Housing Hope to break the cycle of poverty in Snohomish County.
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 HopeWorks Station I & II 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
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $47,950 / year | $54,800 / year | $61,650 / year | $68,500 / year | $74,000 / year | $79,500 / year | $84,950 / year | $90,450 / year |
| 50% AMI for PBRA Units | $47,950 / year | $54,800 / year | $61,650 / year | $68,500 / year | $74,000 / year | $79,500 / year | $84,950 / year | $90,450 / year |
| 60% AMI for LIHTC Units | $57,540 / year | $65,760 / year | $73,980 / year | $82,200 / year | $88,800 / year | $95,400 / year | $101,940 / year | $108,540 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does HopeWorks Station I & II have a waiting list?
HopeWorks Station I & II 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 HopeWorks Station I & II?
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 HopeWorks Station I & II?
HopeWorks Station I & II is managed by Housing Hope headquartered in Everett, Washington.
In addition to HopeWorks Station I & II, how many other affordable housing properties (and units) are there in Everett?
In addition to HopeWorks Station I & II, we list 66 other affordable properties in Everett. Learn about these properties here. Our data research shows that there are a total of 5481 affordable units in Everett.
Stay in contact with the housing agency after applying.
While on a waiting list, always keep your information up to date. If you get selected for housing, the agency needs to know how to reach you!Courtney Cannon Scott says:
"Affordable Housing Online is a very good, comprehensive resource for finding affordable housing in the U.S. and its territories!"