About This Property
Summit Apts II comprises 20 units designated for low-income households in Hailey, Idaho. The property participates in the Low-Income Housing Tax Credit program and serves residents in Blaine County. Management and additional information are available through the property contact.
Property Details
Fair Market Rent - Blaine 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 | $925 |
| 1 Bedroom | $1,039 |
| 2 Bedroom | $1,365 |
| 3 Bedroom | $1,830 |
| 4 Bedroom | $1,837 |
Income Limits - Blaine County, ID
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,750
- Very Low (50%)
- $26,250
- Low (80%)
- $42,000
- Extremely Low (30%)
- $18,000
- Very Low (50%)
- $30,000
- Low (80%)
- $48,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,750
- Low (80%)
- $54,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,500
- Low (80%)
- $60,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,500
- Low (80%)
- $64,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,500
- Low (80%)
- $69,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,500
- Low (80%)
- $74,400
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,500
- Low (80%)
- $79,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,750 | $26,250 | $42,000 |
| 2 Persons | $18,000 | $30,000 | $48,000 |
| 3 Persons | $21,960 | $33,750 | $54,000 |
| 4 Persons | $26,500 | $37,500 | $60,000 |
| 5 Persons | $31,040 | $40,500 | $64,800 |
| 6 Persons | $35,580 | $43,500 | $69,600 |
| 7 Persons | $40,120 | $46,500 | $74,400 |
| 8 Persons | $44,660 | $49,500 | $79,200 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Hailey, ID?+
The Fair Market Rent (FMR) for Blaine County, ID is: $925 (Studio), $1039 (1BR), $1365 (2BR), $1830 (3BR), $1837 (4BR). Actual rent at subsidized properties like Summit Apts Ii is typically 30% of household income or less.
What are the income limits for affordable housing in Blaine County, ID?+
For a 4-person household in Blaine County, ID, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,500, Low Income (80% AMI): $60,000. These limits are set by HUD and updated annually.
How do I apply for housing at Summit Apts Ii?+
Summit Apts Ii 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 manages Summit Apts Ii?+
Summit Apts Ii is managed by . You can reach them at . Visit their website for more information.