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Low Income (LIHTC)

Colony Estates

831 S Chugach St, Palmer, AK, 99645

Information verified May 19, 2026·We re-check waiting list status daily

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About This Property

Colony Estates comprises 24 units in Palmer, Alaska, with 20 designated as low-income housing. The property has served elderly residents since 1998 and includes 22 one-bedroom and two two-bedroom units. Interested parties can contact the property management for additional information about availability and eligibility requirements.

Property Details

Total Units
24
1 Bedroom
22
2 Bedroom
2

Income Limits - Matanuska-Susitna County, AK

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$19,250
Very Low (50%)
$32,100
Low (80%)
$51,350
2 Persons
Extremely Low (30%)
$22,000
Very Low (50%)
$36,650
Low (80%)
$58,650
3 Persons
Extremely Low (30%)
$27,450
Very Low (50%)
$41,250
Low (80%)
$66,000
4 Persons
Extremely Low (30%)
$33,130
Very Low (50%)
$45,800
Low (80%)
$73,300
5 Persons
Extremely Low (30%)
$38,810
Very Low (50%)
$49,500
Low (80%)
$79,200
6 Persons
Extremely Low (30%)
$44,490
Very Low (50%)
$53,150
Low (80%)
$85,050
7 Persons
Extremely Low (30%)
$50,170
Very Low (50%)
$56,800
Low (80%)
$90,900
8 Persons
Extremely Low (30%)
$55,850
Very Low (50%)
$60,500
Low (80%)
$96,800

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Tax Credit Program Details

Year Placed in Service
1998
Low-Income Units
20 / 24
Target Population
Elderly

Frequently Asked Questions

What size apartments are available at Colony Estates?+

Colony Estates offers the following unit types: 22 One-Bedroom, 2 Two-Bedroom units, for a total of 24 units.

What are the income limits for affordable housing in Matanuska-Susitna County, AK?+

For a 4-person household in Matanuska-Susitna County, AK, the income limits are: Extremely Low Income (30% AMI): $33,130, Very Low Income (50% AMI): $45,800, Low Income (80% AMI): $73,300. These limits are set by HUD and updated annually.

Who is eligible to live at Colony Estates?+

Colony Estates primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Who manages Colony Estates?+

Colony Estates is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Colony Estates?+

Colony Estates is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

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Contact Information

Walk Score

Somewhat Walkable

61
Walk
61
Bike

Nearby Schools

PK,9,10,11,12
KG,1,2,3,4,5
KG,1,2,3,4,5,6,7,8

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Matanuska-Susitna County, AK

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