About This Property
Washington Square offers 42 residential units in Meridian, serving low-income families with a mix of one-, two-, and three-bedroom floor plans. The property was placed in service in 2017 and contains 41 low-income units designated for eligible households. The unit mix includes 12 one-bedroom, 27 two-bedroom, and 3 three-bedroom apartments.
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 Meridian, 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 Washington Square is typically 30% of household income or less.
What size apartments are available at Washington Square?+
Washington Square offers the following unit types: 12 One-Bedroom, 27 Two-Bedroom, 3 Three-Bedroom units, for a total of 42 units.
Who manages Washington Square?+
Washington Square is managed by . You can reach them at . Visit their website for more information.
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.
How do I apply for housing at Washington Square?+
Washington Square 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.
Who is eligible to live at Washington Square?+
Washington Square primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Meridian, ID?+
Based on Fair Market Rent for Ada County, the estimated price range is: 1-bedroom: $1139, 2-bedroom: $1388, 3-bedroom: $1956. Actual rent at Washington Square may be lower for income-eligible households.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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