About This Property
Ponderosa provides 60 units of affordable housing in Sandpoint, Idaho, with 53 units designated for low-income families. The property, which opened in 2009, includes 12 one-bedroom, 36 two-bedroom, and 12 three-bedroom units funded through HOME and 9% Low-Income Housing Tax Credit financing. The community is currently managed for family occupancy in Bonner County.
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 |
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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 Ponderosa is typically 30% of household income or less.
What size apartments are available at Ponderosa?+
Ponderosa offers the following unit types: 12 One-Bedroom, 36 Two-Bedroom, 12 Three-Bedroom units, for a total of 60 units.
How do I apply for housing at Ponderosa?+
Ponderosa 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.
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, 3-bedroom: $1505. Actual rent at Ponderosa 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.
Who manages Ponderosa?+
Ponderosa is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Ponderosa?+
Ponderosa 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
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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