6321 East Fourth Avenue, Spokane Valley, WA 99212
Waiting List Forecast: Likely Short or None
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $345 - 830 per Month† | 2 - 3 Beds | 1 - 1.5 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.
Catherine Johnson Court was SHV's first new construction and first Low Income Housing Tax Credit project. It includes 36 units of housing constructed on a 1.6 acre site on the corner of 4th and Eastern in the Spokane Valley. The project opened in October of 1996 and offers 18 two-bedroom and 18 three-bedroom units, eight of which are barrier-free. Rents are affordable to household with incomes between 30% and 60% of the area median. There are additional set-asides for disabled persons and large families. The project has on-site management. Total development costs were $2.9 million.
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 Catherine Johnson Court 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) | - | $345 $830† |
| Three Bedroom (3/1.5) | - | $345 $830† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $31,150 / year | $35,600 / year | $40,050 / year | $44,500 / year | $48,100 / year | $51,650 / year |
| 50% AMI for PBRA Units | $31,150 / year | $35,600 / year | $40,050 / year | $44,500 / year | $48,100 / year | $51,650 / year |
| 60% AMI for LIHTC Units | $37,380 / year | $42,720 / year | $48,060 / year | $53,400 / year | $57,720 / year | $61,980 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Catherine Johnson Court have a waiting list?
Catherine Johnson Court 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 Catherine Johnson Court?
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 Catherine Johnson Court?
Catherine Johnson Court is managed by Spokane Housing Ventures (SHV) headquartered in Spokane, Washington.
In addition to Catherine Johnson Court, how many other affordable housing properties (and units) are there in Spokane Valley?
In addition to Catherine Johnson Court, we list 24 other affordable properties in Spokane Valley. Learn about these properties here. Our data research shows that there are a total of 1420 affordable units in Spokane Valley.
Looking for housing as soon as possible?
Applying for waiting lists with preferences that you qualify for may help shorten the wait for available housing.Bri-Anna Barbosa says:
"Affordable Housing Online is very informative and helpful by keeping you up to date with housing, including what's available and how to apply."