4300 88th Street NE, Marysville, WA 98270
Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | - |
Since this property is a USDA Section 515 property with rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. 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.
Housing for Seniors age 62 years of age or older or disabled of any age. This property is partially subsidized through the USDA Rental Assistance Program.
The low income rent structure calculates your rent to 30% of your monthly income-depending upon your income level. Non-Subsidized units have a base rent that you will pay. if subsidy is not available at move in, your rent will not be subsidized. However, once a resident, if qualified for subsidy, your household will be placed on a waiting list for subsidy based on greatest need.
Situated in park-like wooded setting with individual patio and garden areas. Non-smoking property. Picnic areas under the trees and large grassy courtyards. Convenient to downtown Marysville with lots of options for shopping, restaurants, churches and events. Great freeway access. Large community room with social activities, potluck, bingo, card parties and on-site management. DART bus available for on-call service. CALL NOW for rental application and placement on our waiting list
This property does not accept Portable Tenant Screening Reports
EQUAL HOUSING OPPORTUNITY
Because it participates in the USDA Section 515 Rural Rental Housing program, Wishing Well I is likely located in a rural community and may be one of only a few rental housing choices in the area. To qualify for residency in a Section 515 property, you must earn 80% or less of Area Median Income (AMI). Since this property also participates in USDA's Section 521 Rental Assistance program, residents who earn 50% of the AMI or less may qualify for a subsidy that limits your rent payment to 30% of your income. Some Section 521 properties do not offer rent subsidies to all of the units, so it is possible a person earning 50% or less of the AMI is placed on a subsidy waiting list. These tenants would have to pay the full rent until their name comes up on the list. Section 515 properties often have smaller units, fewer amenities, and are in worse physical condition than other similar properties. USDA has struggled over the years to keep the physical condition of Section 515 properties in good standing due to budget constraints. These properties are almost always owned and managed by private/corporate owners or nonprofits. If you live in a rural area and need help paying your rent, this property may be good for you. Since this property participates in the RD515 program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Wishing Well I (1/1) | - | Call for Price† |
| Wishing well I (2/1) | - | Rent is Based On Your Income† |
Does Wishing Well I have a waiting list?
Wishing Well I probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Wishing Well I?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Wishing Well I?
Wishing Well I is managed by Pan Pacific Properties, INC headquartered in Seattle, Washington.
In addition to Wishing Well I, how many other affordable housing properties (and units) are there in Marysville?
In addition to Wishing Well I, we list 19 other affordable properties in Marysville. Learn about these properties here. Our data research shows that there are a total of 1366 affordable units in Marysville.
Section 8 vouchers can be moved to another area.
Once certain conditions are met, a Section 8 voucher may be transferred to another area (known as "porting").La'Velle D Jackson says:
"I’ve had opportunities to apply to states and cities that I never thought of before on Affordable Housing Online. Thank you for your help!"