1780 Pike Avenue, Richland, WA 99354
Waiting List Forecast: Likely Short or None
Verified for 2022 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $576 - 1,274 per Month† | 1 - 3 Beds | 1 - 1.5 Bath | 615 - 969 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.
McMurray Park Apartments are nestled in beautiful Richland with easy access to the highway, shopping, and schools. Their community feature two sparkling pools, updated homes and a spacious fitness center. Their grounds are beautifully maintained with large lawn areas, trees and shrubs. Maintenance is available 24/7 for emergencies and their staff is professional and helpful. You'll find comfortable, convenient and affordable living here at McMurray Park Apartments! Their community gives preference to large households as part of their Affordable Housing program. Income restrictions apply.
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 McMurray Park 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 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many 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 lower incomes. 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
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 615ft2 | $912† |
| Two Bedroom (2/1) | 846ft2 | $949† |
| Three Bedroom (3/1.5) | 969ft2 | $576 $1,274† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $32,350 / year | $37,000 / year | $41,600 / year | $46,200 / year | $49,900 / year | $53,600 / year |
| 50% AMI for PBRA Units | $32,350 / year | $37,000 / year | $41,600 / year | $46,200 / year | $49,900 / year | $53,600 / year |
| 60% AMI for LIHTC Units | $38,820 / year | $44,400 / year | $49,920 / year | $55,440 / year | $59,880 / year | $64,320 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does McMurray Park Apartments have a waiting list?
McMurray Park 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 McMurray Park 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 McMurray Park Apartments?
McMurray Park Apartments is managed by Cambridge Management, Inc. headquartered in Tacoma, Washington.
In addition to McMurray Park Apartments, how many other affordable housing properties (and units) are there in Richland?
In addition to McMurray Park Apartments, we list 29 other affordable properties in Richland. Learn about these properties here. Our data research shows that there are a total of 1144 affordable units in Richland.
2555 Bella Coola Lane, Richland, Washington 99352
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