About This Property
Silver Meadows Estates comprises 14 three-bedroom units designated as low-income housing in Park City, Utah. The property has been in service since 1996 and is situated in Summit County. All 14 units serve low-income households.
Property Details
Fair Market Rent - Summit County, UT
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,383 |
| 1 Bedroom | $1,392 |
| 2 Bedroom | $1,807 |
| 3 Bedroom | $2,331 |
| 4 Bedroom | $2,525 |
Income Limits - Summit County, UT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $25,100
- Very Low (50%)
- $41,850
- Low (80%)
- $55,950
- Extremely Low (30%)
- $28,700
- Very Low (50%)
- $47,800
- Low (80%)
- $63,950
- Extremely Low (30%)
- $32,300
- Very Low (50%)
- $53,800
- Low (80%)
- $71,950
- Extremely Low (30%)
- $35,850
- Very Low (50%)
- $59,750
- Low (80%)
- $79,900
- Extremely Low (30%)
- $38,750
- Very Low (50%)
- $64,550
- Low (80%)
- $86,300
- Extremely Low (30%)
- $41,600
- Very Low (50%)
- $69,350
- Low (80%)
- $92,700
- Extremely Low (30%)
- $44,500
- Very Low (50%)
- $74,100
- Low (80%)
- $99,100
- Extremely Low (30%)
- $47,350
- Very Low (50%)
- $78,900
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $25,100 | $41,850 | $55,950 |
| 2 Persons | $28,700 | $47,800 | $63,950 |
| 3 Persons | $32,300 | $53,800 | $71,950 |
| 4 Persons | $35,850 | $59,750 | $79,900 |
| 5 Persons | $38,750 | $64,550 | $86,300 |
| 6 Persons | $41,600 | $69,350 | $92,700 |
| 7 Persons | $44,500 | $74,100 | $99,100 |
| 8 Persons | $47,350 | $78,900 | $105,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Park City, UT?+
The Fair Market Rent (FMR) for Summit County, UT is: $1383 (Studio), $1392 (1BR), $1807 (2BR), $2331 (3BR), $2525 (4BR). Actual rent at subsidized properties like Silver Meadows Estates is typically 30% of household income or less.
What size apartments are available at Silver Meadows Estates?+
Silver Meadows Estates offers the following unit types: 14 Three-Bedroom units, for a total of 14 units.
What are the income limits for affordable housing in Summit County, UT?+
For a 4-person household in Summit County, UT, the income limits are: Extremely Low Income (30% AMI): $35,850, Very Low Income (50% AMI): $59,750, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
What is the price range for apartments in Park City, UT?+
Based on Fair Market Rent for Summit County, the estimated price range is: 3-bedroom: $2331. Actual rent at Silver Meadows Estates may be lower for income-eligible households.
How do I apply for housing at Silver Meadows Estates?+
Silver Meadows Estates 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 Silver Meadows Estates?+
Silver Meadows Estates is managed by . You can reach them at . Visit their website for more information.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Silver Meadows Estates
Crown At River Bluffs
Park City, UT
4 UnitsAspen Villas
Park City, UT
88 UnitsElk Meadows Apts.
Park City, UT
96 UnitsWashington Mill
Park City, UT
8 UnitsParkside Apts.
Park City, UT
42 UnitsElmbridge Apartments
Heber City, UT
76 Units