1950 Bellerive Dr, Richland, WA 99352
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 Beds | 1 Bath | - |
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.
Vintage at Richland Apartment Homes are luxury apartments for mature adults ages 55 and over. Located in desirable Richland, Washington, this community offers spacious apartment homes with resort style amenities. At Vintage you’ll find places to relax, entertain, and energize. They offer countless amenities including an in-house Beauty Salon and their own movie theater. The welcoming social room is designed for entertainment and monthly community events. The Vintage at Richland offers luxury, comfort, and a sense of community like nowhere else. There’s so much to find at these luxury rentals, you’ll have to see it to believe it!
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 Vintage at Richland 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 20/50 election, this property has agreed to set aside at least 20% of its units for families and individuals earning 50% of Area Median Income (AMI). Many of these 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 very low incomes.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Two Bedroom (2/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $32,350 / year | $37,000 / year | $41,600 / year | $46,200 / year |
| 50% AMI for PBRA Units | $32,350 / year | $37,000 / year | $41,600 / year | $46,200 / year |
| 60% AMI for LIHTC Units | $38,820 / year | $44,400 / year | $49,920 / year | $55,440 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Vintage at Richland have a waiting list?
Vintage at Richland 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 Vintage at Richland?
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 Vintage at Richland?
Vintage at Richland is managed by FPI Management, Inc. headquartered in Folsom, California.
In addition to Vintage at Richland, how many other affordable housing properties (and units) are there in Richland?
In addition to Vintage at Richland, we list 13 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.
When was the Vintage at Richland listing last updated?
Vintage at Richland listing on Affordable Housing Online was last updated on 01/03/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
Looking for landlords who will take a Section 8 voucher?
Ask your housing authority if they have a list of landlords who accept Section 8 Housing Choice Vouchers.Karen Grim says:
"I like Affordable Housing Online because it is easier to navigate than other websites that waste a lot of my time."