Park Towers

217 W Spokane Falls Blvd, Spokane, WA 99201

Waiting List Forecast: Likely Long or Closed

check_circleVerified for 2023 by Katie Garay

Rent	Beds	Baths	SqFt
Call for Rents^†	1 Bed	1 Bath	525 - 647 Sq Ft

Call (509) 747-0709 Email

Waitlist Forecast

Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.

Dave's Thoughts On Park Towers

This property participates in the Section 8 Project-Based Rental Assistance program meaning the rent for many, if not all, units is based on a tenant's income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. This property was also financed through a HUD-insured private mortgage meaning the owner has oversight from both a private bank and HUD. This usually means Park Towers is kept in good condition. Since this property has a project-based Section 8 contract, you won't need a Section 8 voucher to live here. If you have a voucher, you may have to give it up to live here.

~ Dave Layfield, Founder of Affordable Housing Online

Park Towers Amenities

Elevator
Fitness Center
Community Room
Off-Street Parking
On-Site Parking
Air Conditioning
Handicapped Accessible
Cable Ready
Utilities Included
Carpet
Refrigerator
Oven and Range
Water Trash and Sewer Included
Resident Service Coordinator
Bathroom Grab Bars
Coin-Operated Laundry
After Hours Call Service
Electric Range
Smoke Free
Accessible Apartments
Game Room
vinyl tile flooring
Wheel Chair Accessible

Units at Park Towers

Unit (Bd/Ba)	Ft²	Rent
Studio (1/1)	525ft²	Rent is Based On Your Income^†
One Bedroom (1/1)	647ft²	Rent is Based On Your Income^†

Income Qualification for Park Towers

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
30% AMI for PBRA Units	$18,700 / year	$21,400 / year	$24,860 / year	$30,000 / year	$35,140 / year	$40,280 / year	$45,420 / year	$50,560 / year
50% AMI for LIHTC Units	$31,150 / year	$35,600 / year	$40,050 / year	$44,500 / year	$48,100 / year	$51,650 / year	$55,200 / year	$58,750 / year
50% AMI for PBRA Units	$31,150 / year	$35,600 / year	$40,050 / year	$44,500 / year	$48,100 / year	$51,650 / year	$55,200 / year	$58,750 / year
80% AMI for PBRA Units	$49,850 / year	$57,000 / year	$64,100 / year	$71,200 / year	$76,900 / year	$82,600 / year	$88,300 / year	$94,000 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Park Towers

Does Park Towers have a waiting list?

Park Towers probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Park Towers?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges Park Towers?

Park Towers is managed by California Commercial Investment Companies headquartered in Westlake Village, California.

In addition to Park Towers, how many other affordable housing properties (and units) are there in Spokane?

In addition to Park Towers, 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 Park Towers listing last updated?

Park Towers listing on Affordable Housing Online was last updated on 04/04/2023 by Katie Garay. Remember, a property's status can change so you should contact the property to confirm.