An Lac is located in the heart of Chinatown/ID Urban Center Village. This exciting new property consists of 69 affordable residential studios, 1 and 2 bedroom floorplans. Each unit includes a kitchen with Energy Star appliances, built in microwaves, plank flooring, laundry facilities on site, community gathering space and a deck/balcony on select units.
|Studio (Studio/1)||522||From $930|
|1 Bedroom (1/1)||591-622||From $995|
|2 Bedroom (2/1)||787-946||From $1,185|
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.
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 Seattle but actual income limits may differ for units at An Lac Apartments.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person|
|Very Low Income (50%)||$40,500||$46,300||$52,100||$57,850||$62,500|
|Low Income (60%)||$48,600||$55,560||$62,520||$69,420||$75,000|
An Lac Apartments is managed by Low Income Housing Institute.