About This Property
Cottonwood Meadows offers 48 affordable units in Eagle, Idaho, including 42 low-income units designated for elderly residents. The property features 32 one-bedroom and 16 two-bedroom units and has been in service since 2018. Funding for this development includes HOME and 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Ada County, ID
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $993 |
| 1 Bedroom | $1,139 |
| 2 Bedroom | $1,388 |
| 3 Bedroom | $1,956 |
| 4 Bedroom | $2,298 |
Income Limits - Ada County, ID
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,850
- Very Low (50%)
- $26,400
- Low (80%)
- $42,200
- Extremely Low (30%)
- $18,100
- Very Low (50%)
- $30,150
- Low (80%)
- $48,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,900
- Low (80%)
- $54,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,650
- Low (80%)
- $60,250
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,700
- Low (80%)
- $65,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,700
- Low (80%)
- $69,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,700
- Low (80%)
- $74,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,700
- Low (80%)
- $79,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,850 | $26,400 | $42,200 |
| 2 Persons | $18,100 | $30,150 | $48,200 |
| 3 Persons | $21,960 | $33,900 | $54,250 |
| 4 Persons | $26,500 | $37,650 | $60,250 |
| 5 Persons | $31,040 | $40,700 | $65,100 |
| 6 Persons | $35,580 | $43,700 | $69,900 |
| 7 Persons | $40,120 | $46,700 | $74,750 |
| 8 Persons | $44,660 | $49,700 | $79,550 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Eagle, ID?+
The Fair Market Rent (FMR) for Ada County, ID is: $993 (Studio), $1139 (1BR), $1388 (2BR), $1956 (3BR), $2298 (4BR). Actual rent at subsidized properties like Cottonwood Meadows is typically 30% of household income or less.
What size apartments are available at Cottonwood Meadows?+
Cottonwood Meadows offers the following unit types: 32 One-Bedroom, 16 Two-Bedroom units, for a total of 48 units.
What are the income limits for affordable housing in Ada County, ID?+
For a 4-person household in Ada County, ID, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,650, Low Income (80% AMI): $60,250. These limits are set by HUD and updated annually.
Who is eligible to live at Cottonwood Meadows?+
Cottonwood Meadows primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Cottonwood Meadows?+
Cottonwood Meadows is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Eagle, ID?+
Based on Fair Market Rent for Ada County, the estimated price range is: 1-bedroom: $1139, 2-bedroom: $1388. Actual rent at Cottonwood Meadows may be lower for income-eligible households.
How do I apply for housing at Cottonwood Meadows?+
Cottonwood Meadows 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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