About This Property
Hollyfield Village Apts comprises 30 low-income units in Lake Oswego, Oregon, serving elderly residents. The property includes 28 one-bedroom and 2 two-bedroom units and was placed in service in 2013 using 4% Low-Income Housing Tax Credits. The non-profit owned community continues to provide affordable housing options for qualifying residents in Clackamas County.
Property Details
Fair Market Rent - Clackamas 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 | $1,650 |
| 1 Bedroom | $1,776 |
| 2 Bedroom | $2,024 |
| 3 Bedroom | $2,809 |
| 4 Bedroom | $3,254 |
Income Limits - Clackamas County, OR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $20,300
- Very Low (50%)
- $33,850
- Low (80%)
- $54,150
- Extremely Low (30%)
- $23,200
- Very Low (50%)
- $38,700
- Low (80%)
- $61,900
- Extremely Low (30%)
- $26,100
- Very Low (50%)
- $43,550
- Low (80%)
- $69,650
- Extremely Low (30%)
- $29,000
- Very Low (50%)
- $48,350
- Low (80%)
- $77,350
- Extremely Low (30%)
- $31,350
- Very Low (50%)
- $52,250
- Low (80%)
- $83,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $56,100
- Low (80%)
- $89,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $60,000
- Low (80%)
- $95,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $63,850
- Low (80%)
- $102,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $20,300 | $33,850 | $54,150 |
| 2 Persons | $23,200 | $38,700 | $61,900 |
| 3 Persons | $26,100 | $43,550 | $69,650 |
| 4 Persons | $29,000 | $48,350 | $77,350 |
| 5 Persons | $31,350 | $52,250 | $83,550 |
| 6 Persons | $35,580 | $56,100 | $89,750 |
| 7 Persons | $40,120 | $60,000 | $95,950 |
| 8 Persons | $44,660 | $63,850 | $102,150 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lake Oswego, OR?+
The Fair Market Rent (FMR) for Clackamas County, OR is: $1650 (Studio), $1776 (1BR), $2024 (2BR), $2809 (3BR), $3254 (4BR). Actual rent at subsidized properties like Hollyfield Village Apts is typically 30% of household income or less.
What size apartments are available at Hollyfield Village Apts?+
Hollyfield Village Apts offers the following unit types: 28 One-Bedroom, 2 Two-Bedroom units, for a total of 30 units.
How do I apply for housing at Hollyfield Village Apts?+
Hollyfield Village Apts 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 Hollyfield Village Apts?+
Hollyfield Village Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Hollyfield Village Apts?+
Hollyfield Village Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Lake Oswego, OR?+
Based on Fair Market Rent for Clackamas County, the estimated price range is: 1-bedroom: $1776, 2-bedroom: $2024. Actual rent at Hollyfield Village Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Clackamas County, OR?+
For a 4-person household in Clackamas County, OR, the income limits are: Extremely Low Income (30% AMI): $29,000, Very Low Income (50% AMI): $48,350, Low Income (80% AMI): $77,350. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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