About This Property
Shorewood Apts comprises 34 low-income units in Cannon Beach, Oregon and serves families in the community. The property was placed in service in 1997 and receives 9% Low-Income Housing Tax Credit funding along with HOME program support. The development provides affordable rental housing options for residents of Clatsop County.
Property Details
Fair Market Rent - Clatsop 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 | $950 |
| 1 Bedroom | $1,001 |
| 2 Bedroom | $1,274 |
| 3 Bedroom | $1,714 |
| 4 Bedroom | $2,162 |
Income Limits - Clatsop County, OR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,300
- Very Low (50%)
- $25,550
- Low (80%)
- $40,850
- Extremely Low (30%)
- $17,500
- Very Low (50%)
- $29,200
- Low (80%)
- $46,650
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,850
- Low (80%)
- $52,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,450
- Low (80%)
- $58,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,400
- Low (80%)
- $63,000
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,300
- Low (80%)
- $67,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,200
- Low (80%)
- $72,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,150
- Low (80%)
- $77,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,300 | $25,550 | $40,850 |
| 2 Persons | $17,500 | $29,200 | $46,650 |
| 3 Persons | $21,960 | $32,850 | $52,500 |
| 4 Persons | $26,500 | $36,450 | $58,300 |
| 5 Persons | $31,040 | $39,400 | $63,000 |
| 6 Persons | $35,580 | $42,300 | $67,650 |
| 7 Persons | $40,120 | $45,200 | $72,300 |
| 8 Persons | $44,660 | $48,150 | $77,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Cannon Beach, OR?+
The Fair Market Rent (FMR) for Clatsop County, OR is: $950 (Studio), $1001 (1BR), $1274 (2BR), $1714 (3BR), $2162 (4BR). Actual rent at subsidized properties like Shorewood Apts is typically 30% of household income or less.
What are the income limits for affordable housing in Clatsop County, OR?+
For a 4-person household in Clatsop County, OR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,450, Low Income (80% AMI): $58,300. These limits are set by HUD and updated annually.
How do I apply for housing at Shorewood Apts?+
Shorewood 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 is eligible to live at Shorewood Apts?+
Shorewood Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Shorewood Apts?+
Shorewood Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
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