8323 Rainier Ave. s., Seattle, WA 98118
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey, Natalie LaValleeRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | Studio - 1 Bed | 1 Bath | - |
This property is currently under construction.
Ethiopian Village is a can't-miss opportunity to live in a BRAND NEW low rent senior apartment building in South Seattle!
Ethiopian Village is a contemporary five-story apartment building that will provide comfortable living for low-income seniors 55+ in vibrant South Seattle. Ethiopian Village welcomes all and applicants do not need to be Ethiopian to live here. Fill out an application at www.EthiopianVillage.org.
Rent is dependent on income. Applicants should earn between $45,000 - $62,000 (depending on number of occupants) and at least one household member must be at least 55 years old to apply.
The community offers:
- 89 stylish units (studios and one-bedrooms)
- Tons of natural light
- Community lounges
- Beautiful outdoor spaces
- Air conditioning
- Pet-friendly environment (breed and weight restrictions)
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 Ethiopian Village 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.
~ Dave Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | - | Call for Price† |
One Bedroom (1/1) | - | Call for Price† |
AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
---|---|---|---|---|---|---|---|---|
50% AMI for LIHTC Units | $47,950 / year | $54,800 / year | $61,650 / year | $68,500 / year | $74,000 / year | $79,500 / year | $84,950 / year | $90,450 / year |
50% AMI for PBRA Units | $47,950 / year | $54,800 / year | $61,650 / year | $68,500 / year | $74,000 / year | $79,500 / year | $84,950 / year | $90,450 / year |
60% AMI for LIHTC Units | $57,540 / year | $65,760 / year | $73,980 / year | $82,200 / year | $88,800 / year | $95,400 / year | $101,940 / year | $108,540 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Ethiopian Village have a waiting list?
Ethiopian Village 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 Ethiopian Village?
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 Ethiopian Village?
Ethiopian Village is managed by HumanGood headquartered in Duarte, Califorinia.
In addition to Ethiopian Village, how many other affordable housing properties (and units) are there in Seattle?
In addition to Ethiopian Village, 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 Ethiopian Village listing last updated?
Ethiopian Village listing on Affordable Housing Online was last updated on 07/07/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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All employment income is required to be reported for federal housing assistance - including unemployment income.Courtney Cannon Scott says:
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