About This Property
Silver Creek II is a 40-unit affordable housing community in Post Falls that serves elderly residents. The property includes 32 low-income units with a mix of 17 one-bedroom and 23 two-bedroom apartments. Placed in service in 2013, the community is non-profit owned and funded through HOME and 9% LIHTC credit programs.
Property Details
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Post Falls, 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 Silver Creek Ii is typically 30% of household income or less.
What size apartments are available at Silver Creek Ii?+
Silver Creek Ii offers the following unit types: 17 One-Bedroom, 23 Two-Bedroom units, for a total of 40 units.
Who is eligible to live at Silver Creek Ii?+
Silver Creek Ii primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Silver Creek Ii?+
Silver Creek Ii is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Silver Creek Ii?+
Silver Creek Ii 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 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.
What is the price range for apartments in Post Falls, ID?+
Based on Fair Market Rent for Kootenai County, the estimated price range is: 1-bedroom: $1042, 2-bedroom: $1258. Actual rent at Silver Creek Ii may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
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