About This Property
Northwood Place contains 31 low-income units in Ketchum serving families, with a mix of 12 one-bedroom, 14 two-bedroom, and 6 three-bedroom apartments. The property was placed in service in 2010 and utilizes 9% Low-Income Housing Tax Credits for funding. The development was financed through TCAP resources.
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 Ketchum, 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 Northwood Place is typically 30% of household income or less.
What size apartments are available at Northwood Place?+
Northwood Place offers the following unit types: 12 One-Bedroom, 14 Two-Bedroom, 6 Three-Bedroom units, for a total of 31 units.
Who manages Northwood Place?+
Northwood Place is managed by . You can reach them at .
How do I apply for housing at Northwood Place?+
Northwood Place is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
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.
What is the price range for apartments in Ketchum, ID?+
Based on Fair Market Rent for Blaine County, the estimated price range is: 1-bedroom: $1039, 2-bedroom: $1365, 3-bedroom: $1830. Actual rent at Northwood Place may be lower for income-eligible households.
Who is eligible to live at Northwood Place?+
Northwood Place primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Almost All Errands Require a Car