About This Property
Alexander Ct in Seavey Meadows offers 49 units in Corvallis, serving families and homeless individuals through low-income housing. The property includes 6 studios, 6 one-bedroom, 18 two-bedroom, and 20 three-bedroom units, with 47 designated as low-income housing. Placed in service in 2012, this non-profit owned development is funded through HOME and financed with 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Benton County, OR
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,192 |
| 1 Bedroom | $1,236 |
| 2 Bedroom | $1,570 |
| 3 Bedroom | $2,212 |
| 4 Bedroom | $2,495 |
Income Limits - Benton County, OR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,850
- Very Low (50%)
- $29,750
- Low (80%)
- $47,600
- Extremely Low (30%)
- $20,400
- Very Low (50%)
- $34,000
- Low (80%)
- $54,400
- Extremely Low (30%)
- $22,950
- Very Low (50%)
- $38,250
- Low (80%)
- $61,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,500
- Low (80%)
- $68,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,900
- Low (80%)
- $73,450
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $49,300
- Low (80%)
- $78,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,700
- Low (80%)
- $84,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $56,100
- Low (80%)
- $89,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,850 | $29,750 | $47,600 |
| 2 Persons | $20,400 | $34,000 | $54,400 |
| 3 Persons | $22,950 | $38,250 | $61,200 |
| 4 Persons | $26,500 | $42,500 | $68,000 |
| 5 Persons | $31,040 | $45,900 | $73,450 |
| 6 Persons | $35,580 | $49,300 | $78,900 |
| 7 Persons | $40,120 | $52,700 | $84,350 |
| 8 Persons | $44,660 | $56,100 | $89,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Corvallis, OR?+
The Fair Market Rent (FMR) for Benton County, OR is: $1192 (Studio), $1236 (1BR), $1570 (2BR), $2212 (3BR), $2495 (4BR). Actual rent at subsidized properties like Alexander Ct (Seavey Meadows) is typically 30% of household income or less.
What size apartments are available at Alexander Ct (Seavey Meadows)?+
Alexander Ct (Seavey Meadows) offers the following unit types: 6 Studio, 6 One-Bedroom, 18 Two-Bedroom, 20 Three-Bedroom units, for a total of 49 units.
What are the income limits for affordable housing in Benton County, OR?+
For a 4-person household in Benton County, OR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,500, Low Income (80% AMI): $68,000. These limits are set by HUD and updated annually.
What is the price range for apartments in Corvallis, OR?+
Based on Fair Market Rent for Benton County, the estimated price range is: 1-bedroom: $1236, 2-bedroom: $1570, 3-bedroom: $2212. Actual rent at Alexander Ct (Seavey Meadows) may be lower for income-eligible households.
How do I apply for housing at Alexander Ct (Seavey Meadows)?+
Alexander Ct (Seavey Meadows) is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 is eligible to live at Alexander Ct (Seavey Meadows)?+
Alexander Ct (Seavey Meadows) primarily serves families, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Alexander Ct (Seavey Meadows)?+
Alexander Ct (Seavey Meadows) is managed by . You can reach them at .
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.