About This Property
Oak Street comprises 40 units in Sandpoint, Idaho, with 34 units designated as low-income housing serving families. The property offers a mix of 24 two-bedroom and 16 three-bedroom units and has been in service since 1995. The development utilizes 9% Low-Income Housing Tax Credits and is owned by a non-profit organization.
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 Oak Street is typically 30% of household income or less.
What size apartments are available at Oak Street?+
Oak Street offers the following unit types: 24 Two-Bedroom, 16 Three-Bedroom units, for a total of 40 units.
How do I apply for housing at Oak Street?+
Oak Street 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 Oak Street?+
Oak Street primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Oak Street?+
Oak Street 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: 2-bedroom: $1068, 3-bedroom: $1505. Actual rent at Oak Street may be lower for income-eligible households.
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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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