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Low Income (LIHTC)

Park At Emerald Village

1950 N 2nd St, Springfield, OR, 97477

Information verified May 8, 2026ยทWe re-check waiting list status daily

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About This Property

Park at Emerald Village contains 96 low-income apartments in Springfield, Oregon, with a mix of one-, two-, and three-bedroom units designed to serve families. The property has been in service since 1998 and is funded through 9% Low-Income Housing Tax Credits. The community offers 8 one-bedroom, 40 two-bedroom, and 48 three-bedroom units.

Property Details

Total Units
96
1 Bedroom
8
2 Bedroom
40
3 Bedroom
48

Fair Market Rent - Lane County, OR

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$953
1 Bedroom$1,063
2 Bedroom$1,397
3 Bedroom$1,969
4 Bedroom$2,371

Income Limits - Lane County, OR

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$14,950
Very Low (50%)
$24,950
Low (80%)
$39,900
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$28,500
Low (80%)
$45,600
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$32,050
Low (80%)
$51,300
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$35,600
Low (80%)
$56,950
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$38,450
Low (80%)
$61,550
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$41,300
Low (80%)
$66,100
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$44,150
Low (80%)
$70,650
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$47,000
Low (80%)
$75,200

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Tax Credit Program Details

Year Placed in Service
1998
LIHTC Credit Type
9%
Low-Income Units
96 / 96
Target Population
FamiliesLARGE FAMILY, SINGLE PARENTS

Frequently Asked Questions

What is the average rent for affordable housing in Springfield, OR?+

The Fair Market Rent (FMR) for Lane County, OR is: $953 (Studio), $1063 (1BR), $1397 (2BR), $1969 (3BR), $2371 (4BR). Actual rent at subsidized properties like Park At Emerald Village is typically 30% of household income or less.

What size apartments are available at Park At Emerald Village?+

Park At Emerald Village offers the following unit types: 8 One-Bedroom, 40 Two-Bedroom, 48 Three-Bedroom units, for a total of 96 units.

What are the income limits for affordable housing in Lane County, OR?+

For a 4-person household in Lane County, OR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,600, Low Income (80% AMI): $56,950. These limits are set by HUD and updated annually.

Who is eligible to live at Park At Emerald Village?+

Park At Emerald Village primarily serves families, LARGE FAMILY, SINGLE PARENTS. 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 Springfield, OR?+

Based on Fair Market Rent for Lane County, the estimated price range is: 1-bedroom: $1063, 2-bedroom: $1397, 3-bedroom: $1969. Actual rent at Park At Emerald Village may be lower for income-eligible households.

How do I apply for housing at Park At Emerald Village?+

Park At Emerald Village 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 Park At Emerald Village?+

Park At Emerald Village is managed by . You can reach them at . Visit their website for more information.

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Walk Score

Very Walkable

74
Walk
40
Transit
92
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Lane County, OR

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