2508 NE 138th Ave, Vancouver, WA 98684
Waiting List Forecast: Likely Short or None
Verified for 2020 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 - 3 Beds | 1 - 2 Baths | 859 - 1,132 Sq Ft |
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.
Conveniently located off of Mill Plain and NE 138th, Cascade Woods Apartments in Vancouver, Washington, is just minutes to Vancouver Mall, Cascade Park shopping district, schools, and CTRAN public transportation. Enjoy easy access to I-205, SR 500, East Vancouver's high-tech employers, and nearby Portland, Oregon. Our community is located within the highly desirable Evergreen School District.
Our affordable Vancouver apartments offer spacious two- and three-bedroom floor plans with washers and dryers, European cabinetry and private balconies and patios in a park-like setting. Further conveniences include garage parking, on-site fitness center, additional storage and two playgrounds. Come enjoy all the Pacific Northwest lifestyle has to offer. Welcome to Cascade Woods!
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 Cascade Woods - Phase I & II 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 |
|---|---|---|
| 2 Bedroom (2/1) | 859ft2 | Rent is Based On Your Income† |
| 3 Bedroom (3/2) | 1132ft2 | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $39,500 / year | $45,150 / year | $50,800 / year | $56,400 / year | $60,950 / year | $65,450 / year |
| 50% AMI for PBRA Units | $39,500 / year | $45,150 / year | $50,800 / year | $56,400 / year | $60,950 / year | $65,450 / year |
| 60% AMI for LIHTC Units | $47,400 / year | $54,180 / year | $60,960 / year | $67,680 / year | $73,140 / year | $78,540 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cascade Woods - Phase I & II have a waiting list?
Cascade Woods - Phase I & II 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 Cascade Woods - Phase I & II?
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 Cascade Woods - Phase I & II?
Cascade Woods - Phase I & II is managed by Greystar headquartered in West Jordan, Utah.
In addition to Cascade Woods - Phase I & II, how many other affordable housing properties (and units) are there in Vancouver?
In addition to Cascade Woods - Phase I & II, we list 264 other affordable properties in Vancouver. Learn about these properties here. Our data research shows that there are a total of 5672 affordable units in Vancouver.
4305 NE 66th Ave, Vancouver, Washington 98661
4617 St. Johns Road, Vancouver, Washington 98661
3112 NE 62nd Ave, Vancouver, Washington 98661
1900 Fort Vancouver Way, Vancouver, Washington 98663
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