About This Property
Colville Homes II contains 20 low-income residential units in Inchelium, Washington, serving families and homeless populations. The property, which entered service in 2011, offers a unit mix of four 2-bedroom, ten 3-bedroom, and six 4-bedroom apartments. The development is financed through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Ferry County, WA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $640 |
| 1 Bedroom | $718 |
| 2 Bedroom | $944 |
| 3 Bedroom | $1,330 |
| 4 Bedroom | $1,565 |
Income Limits - Ferry County, WA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,850
- Very Low (50%)
- $24,750
- Low (80%)
- $39,550
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,250
- Low (80%)
- $45,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,800
- Low (80%)
- $50,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,300
- Low (80%)
- $56,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,150
- Low (80%)
- $61,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,950
- Low (80%)
- $65,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,800
- Low (80%)
- $70,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,600
- Low (80%)
- $74,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,850 | $24,750 | $39,550 |
| 2 Persons | $17,420 | $28,250 | $45,200 |
| 3 Persons | $21,960 | $31,800 | $50,850 |
| 4 Persons | $26,500 | $35,300 | $56,500 |
| 5 Persons | $31,040 | $38,150 | $61,050 |
| 6 Persons | $35,580 | $40,950 | $65,550 |
| 7 Persons | $40,120 | $43,800 | $70,100 |
| 8 Persons | $44,660 | $46,600 | $74,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Inchelium, WA?+
The Fair Market Rent (FMR) for Ferry County, WA is: $640 (Studio), $718 (1BR), $944 (2BR), $1330 (3BR), $1565 (4BR). Actual rent at subsidized properties like Colville Homes Ii is typically 30% of household income or less.
What size apartments are available at Colville Homes Ii?+
Colville Homes Ii offers the following unit types: 4 Two-Bedroom, 10 Three-Bedroom, 6 Four-Bedroom units, for a total of 20 units.
Who manages Colville Homes Ii?+
Colville Homes Ii is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Inchelium, WA?+
Based on Fair Market Rent for Ferry County, the estimated price range is: 2-bedroom: $944, 3-bedroom: $1330. Actual rent at Colville Homes Ii may be lower for income-eligible households.
How do I apply for housing at Colville Homes Ii?+
Colville Homes Ii 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 Colville Homes Ii?+
Colville Homes Ii primarily serves families, formerly homeless individuals. 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 Ferry County, WA?+
For a 4-person household in Ferry County, WA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,300, Low Income (80% AMI): $56,500. These limits are set by HUD and updated annually.
Walk Score
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