Low Income (LIHTC)

Southern Pines

8212 29th Avenue Ct S, Lakewood, WA, 98499

Information verified April 18, 2026·We re-check waiting list status daily

Example Photo

About This Property

Southern Pines consists of 50 low-income units in Lakewood, Washington and has been in service since 1988. The property is financed through 9% Low-Income Housing Tax Credits. Prospective residents or those seeking additional information may contact the property management office for details on availability and lease terms.

Property Details

Total Units

Fair Market Rent - Pierce 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	$1,430
1 Bedroom	$1,603
2 Bedroom	$1,987
3 Bedroom	$2,800
4 Bedroom	$3,236

Income Limits - Pierce County, WA

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

1 Person

Extremely Low (30%): $19,100
Very Low (50%): $31,800
Low (80%): $50,900

2 Persons

Extremely Low (30%): $21,800
Very Low (50%): $36,350
Low (80%): $58,150

3 Persons

Extremely Low (30%): $24,550
Very Low (50%): $40,900
Low (80%): $65,400

4 Persons

Extremely Low (30%): $27,250
Very Low (50%): $45,400
Low (80%): $72,650

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $49,050
Low (80%): $78,500

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $52,700
Low (80%): $84,300

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $56,300
Low (80%): $90,100

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $59,950
Low (80%): $95,900

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$19,100	$31,800	$50,900
2 Persons	$21,800	$36,350	$58,150
3 Persons	$24,550	$40,900	$65,400
4 Persons	$27,250	$45,400	$72,650
5 Persons	$31,040	$49,050	$78,500
6 Persons	$35,580	$52,700	$84,300
7 Persons	$40,120	$56,300	$90,100
8 Persons	$44,660	$59,950	$95,900

Tax Credit Program Details

Year Placed in Service

1988

LIHTC Credit Type

Low-Income Units

50 / 50

Frequently Asked Questions

What is the average rent for affordable housing in Lakewood, WA?+

The Fair Market Rent (FMR) for Pierce County, WA is: $1430 (Studio), $1603 (1BR), $1987 (2BR), $2800 (3BR), $3236 (4BR). Actual rent at subsidized properties like Southern Pines is typically 30% of household income or less.

What are the income limits for affordable housing in Pierce County, WA?+

For a 4-person household in Pierce County, WA, the income limits are: Extremely Low Income (30% AMI): $27,250, Very Low Income (50% AMI): $45,400, Low Income (80% AMI): $72,650. These limits are set by HUD and updated annually.

How do I apply for housing at Southern Pines?+

Southern Pines 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 Southern Pines?+

Southern Pines is managed by . You can reach them at . Visit their website for more information.

Begin Application Now