About This Property
Meadowridge Manor offers 24 low-income units in Sandpoint, Idaho, serving elderly residents. The property includes 22 one-bedroom and 2 two-bedroom apartments and has been in service since 1991. The development utilizes 4% Low-Income Housing Tax Credits to maintain affordability.
Property Details
Fair Market Rent - Bonner 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 | $825 |
| 1 Bedroom | $830 |
| 2 Bedroom | $1,068 |
| 3 Bedroom | $1,505 |
| 4 Bedroom | $1,812 |
Income Limits - Bonner County, ID
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,550
- Very Low (50%)
- $22,600
- Low (80%)
- $36,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,800
- Low (80%)
- $41,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,050
- Low (80%)
- $46,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,250
- Low (80%)
- $51,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,850
- Low (80%)
- $55,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,450
- Low (80%)
- $59,900
- Extremely Low (30%)
- $40,000
- Very Low (50%)
- $40,000
- Low (80%)
- $64,000
- Extremely Low (30%)
- $42,600
- Very Low (50%)
- $42,600
- Low (80%)
- $68,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,550 | $22,600 | $36,150 |
| 2 Persons | $17,420 | $25,800 | $41,300 |
| 3 Persons | $21,960 | $29,050 | $46,450 |
| 4 Persons | $26,500 | $32,250 | $51,600 |
| 5 Persons | $31,040 | $34,850 | $55,750 |
| 6 Persons | $35,580 | $37,450 | $59,900 |
| 7 Persons | $40,000 | $40,000 | $64,000 |
| 8 Persons | $42,600 | $42,600 | $68,150 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Sandpoint, ID?+
The Fair Market Rent (FMR) for Bonner County, ID is: $825 (Studio), $830 (1BR), $1068 (2BR), $1505 (3BR), $1812 (4BR). Actual rent at subsidized properties like Meadowridge Manor is typically 30% of household income or less.
What size apartments are available at Meadowridge Manor?+
Meadowridge Manor offers the following unit types: 22 One-Bedroom, 2 Two-Bedroom units, for a total of 24 units.
How do I apply for housing at Meadowridge Manor?+
Meadowridge Manor 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 Meadowridge Manor?+
Meadowridge Manor primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Bonner County, ID?+
For a 4-person household in Bonner County, ID, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,250, Low Income (80% AMI): $51,600. These limits are set by HUD and updated annually.
Who manages Meadowridge Manor?+
Meadowridge Manor is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Sandpoint, ID?+
Based on Fair Market Rent for Bonner County, the estimated price range is: 1-bedroom: $830, 2-bedroom: $1068. Actual rent at Meadowridge Manor may be lower for income-eligible households.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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