About This Property
Lake Wood Ranch comprises 80 units in Coeur d'Alene, Idaho, with 79 designated as low-income housing. The property, which has served elderly residents since 1996, offers a unit mix of 48 one-bedroom and 32 two-bedroom apartments. The development is non-profit owned and receives 9% Low-Income Housing Tax Credit financing.
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Kootenai 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 | $853 |
| 1 Bedroom | $1,042 |
| 2 Bedroom | $1,258 |
| 3 Bedroom | $1,773 |
| 4 Bedroom | $2,135 |
Income Limits - Kootenai County, ID
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,950
- Very Low (50%)
- $23,250
- Low (80%)
- $37,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,550
- Low (80%)
- $42,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,850
- Low (80%)
- $47,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,150
- Low (80%)
- $53,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $35,850
- Low (80%)
- $57,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,500
- Low (80%)
- $61,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,150
- Low (80%)
- $65,800
- Extremely Low (30%)
- $43,800
- Very Low (50%)
- $43,800
- Low (80%)
- $70,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,950 | $23,250 | $37,150 |
| 2 Persons | $17,420 | $26,550 | $42,450 |
| 3 Persons | $21,960 | $29,850 | $47,750 |
| 4 Persons | $26,500 | $33,150 | $53,050 |
| 5 Persons | $31,040 | $35,850 | $57,300 |
| 6 Persons | $35,580 | $38,500 | $61,550 |
| 7 Persons | $40,120 | $41,150 | $65,800 |
| 8 Persons | $43,800 | $43,800 | $70,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Coeur D Alene, ID?+
The Fair Market Rent (FMR) for Kootenai County, ID is: $853 (Studio), $1042 (1BR), $1258 (2BR), $1773 (3BR), $2135 (4BR). Actual rent at subsidized properties like Lake Wood Ranch is typically 30% of household income or less.
What size apartments are available at Lake Wood Ranch?+
Lake Wood Ranch offers the following unit types: 48 One-Bedroom, 32 Two-Bedroom units, for a total of 80 units.
What is the price range for apartments in Coeur D Alene, ID?+
Based on Fair Market Rent for Kootenai County, the estimated price range is: 1-bedroom: $1042, 2-bedroom: $1258. Actual rent at Lake Wood Ranch may be lower for income-eligible households.
What is the HUD inspection score for Lake Wood Ranch?+
Lake Wood Ranch has a HUD inspection score of 94 out of 100, which is considered excellent. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
What are the income limits for affordable housing in Kootenai County, ID?+
For a 4-person household in Kootenai County, ID, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,150, Low Income (80% AMI): $53,050. These limits are set by HUD and updated annually.
How do I apply for housing at Lake Wood Ranch?+
Lake Wood Ranch 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 manages Lake Wood Ranch?+
Lake Wood Ranch is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Lake Wood Ranch?+
Lake Wood Ranch primarily serves elderly residents. 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.
More Affordable Housing Near Lake Wood Ranch
Coeur Dalene Senior
Coeur D Alene, ID
38 UnitsTrail Lodge
Coeur D Alene, ID
150 UnitsHudson Park
Coeur D Alene, ID
60 UnitsCherry Ridge
Coeur D Alene, ID
72 UnitsSeltice Senior - Has Not Received 8609s
Coeur D Alene, ID
66 UnitsLakeside Manor Lakeside Village
Coeur D Alene, ID
126 Units