About This Property
Mckinley Terrace Properties Redevelopment offers 233 units across multiple sites in Pierce County, Washington, including 229 low-income housing units that have been in service since 2017. The development serves families and elderly residents through funding supported by 4% Low-Income Housing Tax Credits and operates under non-profit ownership.
Property Details
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.
- Extremely Low (30%)
- $19,100
- Very Low (50%)
- $31,800
- Low (80%)
- $50,900
- Extremely Low (30%)
- $21,800
- Very Low (50%)
- $36,350
- Low (80%)
- $58,150
- Extremely Low (30%)
- $24,550
- Very Low (50%)
- $40,900
- Low (80%)
- $65,400
- Extremely Low (30%)
- $27,250
- Very Low (50%)
- $45,400
- Low (80%)
- $72,650
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $49,050
- Low (80%)
- $78,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $52,700
- Low (80%)
- $84,300
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $56,300
- Low (80%)
- $90,100
- 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
Frequently Asked Questions
What is the average rent for affordable housing in Multiple Per Site, 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 Mckinley Terrace Properties Redevelopment 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.
Who manages Mckinley Terrace Properties Redevelopment?+
Mckinley Terrace Properties Redevelopment is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Mckinley Terrace Properties Redevelopment?+
Mckinley Terrace Properties Redevelopment primarily serves families, elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Mckinley Terrace Properties Redevelopment?+
Mckinley Terrace Properties Redevelopment 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.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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