About This Property
Greens, the Ridings Terrace Montclair Manor offers 58 low-income units in Molalla/Milton-Freewater, Clackamas County, serving families and elderly residents. The property includes 24 one-bedroom, 19 two-bedroom, and 15 three-bedroom units and has been in service since 2018. Financing for this development includes HOME funds and 9% Low-Income Housing Tax Credits.
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 Molalla, 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 Greens, the Ridings Terrace Montclair Manor is typically 30% of household income or less.
What size apartments are available at Greens, the Ridings Terrace Montclair Manor?+
Greens, the Ridings Terrace Montclair Manor offers the following unit types: 24 One-Bedroom, 19 Two-Bedroom, 15 Three-Bedroom units, for a total of 58 units.
What is the price range for apartments in Molalla, OR?+
Based on Fair Market Rent for Clackamas County, the estimated price range is: 1-bedroom: $1776, 2-bedroom: $2024, 3-bedroom: $2809. Actual rent at Greens, the Ridings Terrace Montclair Manor may be lower for income-eligible households.
Who manages Greens, the Ridings Terrace Montclair Manor?+
Greens, the Ridings Terrace Montclair Manor is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Greens, the Ridings Terrace Montclair Manor?+
Greens, the Ridings Terrace Montclair Manor 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 is eligible to live at Greens, the Ridings Terrace Montclair Manor?+
Greens, the Ridings Terrace Montclair Manor primarily serves families, elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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