147 North 132nd Street, Seattle, WA 98133
Waiting List Forecast: Likely Short or None
Verified for 2023 by Joshua CappellRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | Studio - 3 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.
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Compass Broadview will provide 59 units of mixed-use permanent affordable housing on Greenwood Avenue North. Compass Broadview builds on the innovative approach of housing 50% Annual Median Income (AMI) and 30% AMI families and individuals and people with disabilities.
Built on land purchased from Luther Memorial Lutheran Church, Compass Broadview will consist of studio, one-, two-, and three-bedroom units. More than half are two or three-bedroom units to welcome families with children. Compass Broadview welcomes families and individuals across a wide range of ages and backgrounds to apply.
Because Compass Broadview participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | - | Call for Price† |
1 Bedroom (1/1) | - | Call for Price† |
2 Bedroom (2/1) | - | Call for Price† |
3 Bedroom (3/1) | - | Call for Price† |
AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
---|---|---|---|---|---|---|
30% AMI for PBRA Units | $28,800 / year | $32,900 / year | $37,000 / year | $41,100 / year | $44,400 / year | $47,700 / year |
50% AMI for LIHTC Units | $47,950 / year | $54,800 / year | $61,650 / year | $68,500 / year | $74,000 / year | $79,500 / year |
50% AMI for PBRA Units | $47,950 / year | $54,800 / year | $61,650 / year | $68,500 / year | $74,000 / year | $79,500 / year |
60% AMI for LIHTC Units | $57,540 / year | $65,760 / year | $73,980 / year | $82,200 / year | $88,800 / year | $95,400 / year |
80% AMI for PBRA Units | $70,650 / year | $80,750 / year | $90,850 / year | $100,900 / year | $109,000 / year | $117,050 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Compass Broadview have a waiting list?
Compass Broadview 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 Compass Broadview?
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 Compass Broadview?
Compass Broadview is managed by Quantum Management Services headquartered in Lynnwood, WA.
In addition to Compass Broadview, how many other affordable housing properties (and units) are there in Seattle?
In addition to Compass Broadview, we list 590 other affordable properties in Seattle. Learn about these properties here. Our data research shows that there are a total of 29556 affordable units in Seattle.
When was the Compass Broadview listing last updated?
Compass Broadview listing on Affordable Housing Online was last updated on 01/01/2023 by Joshua Cappell. Remember, a property's status can change so you should contact the property to confirm.
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While there is no charge for Section 8 applications, a private landlord may charge a fee to apply for an available unit.Theodore Taylor Jr. says:
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