3323 E 55th Avenue, Spokane, WA 99223
Waiting List Forecast: Likely Short or None
Verified for 2023 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $590 - 799 per Month† | 1 - 3 Beds | 1 - 2 Baths | - |
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.
55th Avenue is a state of the art, 120 unit property located on the South Hill off Regal and 55th Ave. This community features 1 Bedroom, 2 bedroom 2 bath and 3 bedroom 2 bath apartment homes. Custom paint and finishes, plus high end black on black appliances complete the wonderful apartment. Each apartment has all appliances, including Stove, Refrigerator, Dishwasher, Washer and dryer, heat and air conditioning. The clubhouse features and exercise facility, computer room and well-appointed cabana facility, perfect for hosting a get together. Rents are fixed and based on household incomes.
Because 55th Avenue Apartments 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 |
|---|---|---|
| One Bedroom (1/1) | - | $590 $799† |
| Two Bedroom (2/2) | - | $590 $799† |
| Three Bedroom (3/2) | - | $590 $799† |
| 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 55th Avenue Apartments have a waiting list?
55th Avenue Apartments 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 55th Avenue Apartments?
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 55th Avenue Apartments?
55th Avenue Apartments is managed by Spokane Housing Ventures (SHV) headquartered in Spokane, Washington.
In addition to 55th Avenue Apartments, how many other affordable housing properties (and units) are there in Spokane?
In addition to 55th Avenue Apartments, we list 175 other affordable properties in Spokane. Learn about these properties here. Our data research shows that there are a total of 6470 affordable units in Spokane.
When was the 55th Avenue Apartments listing last updated?
55th Avenue Apartments listing on Affordable Housing Online was last updated on 01/02/2023 by Joshua Cappell. Remember, a property's status can change so you should contact the property to confirm.
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Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Kathy Bleser says:
"I was prepared to relocate for a Section 8 voucher, but this website alerted me to a waiting list opening in my own city. Within six months, I had a voucher! Thank you Affordable Housing Online!"