About This Property
Palisades Park contains 64 affordable rental units in Ammon, serving families with low incomes. The community includes 44 two-bedroom and 20 three-bedroom units, with 63 designated as low-income housing. The property has been in service since 1996 and operates under 9% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Bonneville 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 | $803 |
| 1 Bedroom | $903 |
| 2 Bedroom | $1,098 |
| 3 Bedroom | $1,546 |
| 4 Bedroom | $1,863 |
Income Limits - Bonneville County, ID
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,200
- Very Low (50%)
- $25,300
- Low (80%)
- $40,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,900
- Low (80%)
- $46,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,500
- Low (80%)
- $52,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,000
- Low (80%)
- $62,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,900
- Low (80%)
- $67,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,800
- Low (80%)
- $71,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,700
- Low (80%)
- $76,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,200 | $25,300 | $40,450 |
| 2 Persons | $17,420 | $28,900 | $46,200 |
| 3 Persons | $21,960 | $32,500 | $52,000 |
| 4 Persons | $26,500 | $36,100 | $57,750 |
| 5 Persons | $31,040 | $39,000 | $62,400 |
| 6 Persons | $35,580 | $41,900 | $67,000 |
| 7 Persons | $40,120 | $44,800 | $71,650 |
| 8 Persons | $44,660 | $47,700 | $76,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Ammon, ID?+
The Fair Market Rent (FMR) for Bonneville County, ID is: $803 (Studio), $903 (1BR), $1098 (2BR), $1546 (3BR), $1863 (4BR). Actual rent at subsidized properties like Palisades Park is typically 30% of household income or less.
What size apartments are available at Palisades Park?+
Palisades Park offers the following unit types: 44 Two-Bedroom, 20 Three-Bedroom units, for a total of 64 units.
What are the income limits for affordable housing in Bonneville County, ID?+
For a 4-person household in Bonneville County, ID, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,100, Low Income (80% AMI): $57,750. These limits are set by HUD and updated annually.
Who manages Palisades Park?+
Palisades Park is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Palisades Park?+
Palisades Park 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 Ammon, ID?+
Based on Fair Market Rent for Bonneville County, the estimated price range is: 2-bedroom: $1098, 3-bedroom: $1546. Actual rent at Palisades Park may be lower for income-eligible households.
Who is eligible to live at Palisades Park?+
Palisades Park primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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