Montesano Harbor Annex

141 S. River Street , Montesano, Washington 98563

Montesano Harbor Annex, located at 141 S. River Street in Montesano, has one bedroom apartments. Montesano Harbor Annex participates in the Section 8 Project-Based Rental Assistance and Low-Income Housing Tax Credit (LIHTC) programs.

Contact Montesano Harbor Annex

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - $498

Montesano Harbor Annex Details

  • 24 one bedroom units.
  • Project-Based Rental Assistance

Property Amenities

  • Elevator
  • Community Room
  • Laundry Room

Unit Amenities

  • Garbage Disposal
  • Cable Ready
  • Window Coverings
  • Carpet

About Montesano Harbor Annex

Montesano Harbor Annex is an affordable apartment community located in historic downtown Montesano and within walking distance of bus, shopping, medical facilities and library. We offer amenities such as elevator, garbage disposal, plus much more. For more information please call our site manager.

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.

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.

Montesano HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Montesano but actual income limits may differ for units at Montesano Harbor Annex.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $13,550 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $42,450
50% $22,550 $25,750 $28,950 $32,150 $34,750 $37,300 $39,900 $42,450
80% $36,050 $41,200 $46,350 $51,450 $55,600 $59,700 $63,800 $67,950

Montesano 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 Montesano but actual income limits may differ for units at Montesano Harbor Annex.

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

These general income qualifications for Montesano, Washington should only be used as a basic guide. To find out if you qualify, contact the community directly.

Montesano Harbor Annex was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program and receives rental subsidies through HUD-Assisted Housing. These programs have different income limits that can lead to apartments in the same property having different income requirements.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. However, you can earn at most 60% of AMI to be eligible for a LIHTC property and many units may be set aside for those with the lowest incomes (down to 15% of AMI). LIHTC properties may also contain some market rate units.

Since Montesano Harbor Annex has both programs, the most restrictive of the income limits will apply for each unit. If the entire property is funded by LIHTC, the LIHTC income limit of 60% AMI would be used for all units. Apartments in properties with some units not funded by the LIHTC, but receiving Section 8 assistance, would be open to households making up to 80% AMI. Market rate units would have no subsidies or income restrictions.

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.

Montesano Harbor Annex is managed by Guardian Real Estate Services.

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Nearby Low Income Apartment Communities

Montesano Harbor Apartments

114 E. Marcy Avenue
Montesano, WA
$552
1 BR
Subsidized