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Danwood Apartments

9711 Danwood Lane, Silverdale, Washington 98383

Danwood Apartments are a comfortable affordable family property located next to the Silverdale Mall. We have 1, 2 and 3 bedroom apartments at rent restricted levels with limited Rental Assistance available to qualifying households. Very close to schools and shopping. Rent Detail%3A This property offers 8 out of 40 units of rental assistance subsidy through the USDA Rental Assistance program. With subsidy you will pay 30%25 of your income for rent. If subsidy is not available there will be a base rent that you will be required to pay %28non-subsidized rent%29 up to the maximum rents listed below. Please call the property for details.

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 576 $529
Two Bedroom (2/1) 718 $656
Three Bedroom (3/1) 1036 $937

Danwood Apartments Details

  • 40 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance

Property Amenities

  • Playground
  • Laundry Room

Unit Amenities

  • Cable Ready
  • Carpet

Nearby Amenities

  • Close to Public Transportation
  • Near Library
  • Near Park
  • Near Schools

Low-Income Housing Tax Credit (LIHTC)

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.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Silverdale HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Silverdale but actual income limits may differ for units at Danwood Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $19,250 $22,000 $24,750 $27,500 $30,680 $35,160 $39,640 $44,120
50% $32,100 $36,700 $41,300 $45,850 $49,550 $53,200 $56,900 $60,550
80% $51,350 $58,700 $66,050 $73,350 $79,250 $85,100 $91,000 $96,850

Silverdale Low-Income Housing Tax Credit Income Limits

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 Silverdale but actual income limits may differ for units at Danwood Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $32,100 $36,700 $41,300 $45,850 $49,550 $53,200 $56,900 $60,550
Low Income (60%) $38,520 $44,040 $49,560 $55,020 $59,460 $63,840 $68,280 $72,660

Danwood Apartments is managed by Spokane Housing Ventures (SHV).

Image of Danwood Apartments
Image of Danwood Apartments