About This Property
Skyview Terrace offers 56 units in Mountain Home, Idaho, comprising 28 two-bedroom and 28 three-bedroom apartments designated for low-income families. The property, placed in service in 1998, includes 55 low-income units and operates under 9% Low-Income Housing Tax Credit financing with Community Development Block Grant funding. A non-profit organization owns and manages the community.
Property Details
Fair Market Rent - Elmore 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 | $769 |
| 1 Bedroom | $797 |
| 2 Bedroom | $1,047 |
| 3 Bedroom | $1,475 |
| 4 Bedroom | $1,717 |
Income Limits - Elmore County, ID
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,850
- Low (80%)
- $33,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,800
- Low (80%)
- $38,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,800
- Low (80%)
- $42,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,750
- Low (80%)
- $47,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,150
- Low (80%)
- $51,450
- Extremely Low (30%)
- $34,550
- Very Low (50%)
- $34,550
- Low (80%)
- $55,250
- Extremely Low (30%)
- $36,900
- Very Low (50%)
- $36,900
- Low (80%)
- $59,050
- Extremely Low (30%)
- $39,300
- Very Low (50%)
- $39,300
- Low (80%)
- $62,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,850 | $33,350 |
| 2 Persons | $17,420 | $23,800 | $38,100 |
| 3 Persons | $21,960 | $26,800 | $42,850 |
| 4 Persons | $26,500 | $29,750 | $47,600 |
| 5 Persons | $31,040 | $32,150 | $51,450 |
| 6 Persons | $34,550 | $34,550 | $55,250 |
| 7 Persons | $36,900 | $36,900 | $59,050 |
| 8 Persons | $39,300 | $39,300 | $62,850 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Mountain Home, ID?+
The Fair Market Rent (FMR) for Elmore County, ID is: $769 (Studio), $797 (1BR), $1047 (2BR), $1475 (3BR), $1717 (4BR). Actual rent at subsidized properties like Skyview Terrace is typically 30% of household income or less.
What size apartments are available at Skyview Terrace?+
Skyview Terrace offers the following unit types: 28 Two-Bedroom, 28 Three-Bedroom units, for a total of 56 units.
What is the price range for apartments in Mountain Home, ID?+
Based on Fair Market Rent for Elmore County, the estimated price range is: 2-bedroom: $1047, 3-bedroom: $1475. Actual rent at Skyview Terrace may be lower for income-eligible households.
How do I apply for housing at Skyview Terrace?+
Skyview Terrace 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 are the income limits for affordable housing in Elmore County, ID?+
For a 4-person household in Elmore County, ID, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,750, Low Income (80% AMI): $47,600. These limits are set by HUD and updated annually.
Who is eligible to live at Skyview Terrace?+
Skyview Terrace primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Skyview Terrace?+
Skyview Terrace is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.