About This Property
Lake Village East is a 30-unit affordable housing community in Lake Stevens, WA that serves low-income households. The property has been in service since 2016 and is located in Snohomish County.
Property Details
Fair Market Rent - Snohomish 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 | $2,211 |
| 1 Bedroom | $2,269 |
| 2 Bedroom | $2,645 |
| 3 Bedroom | $3,510 |
| 4 Bedroom | $4,080 |
Income Limits - Snohomish County, WA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $24,300
- Very Low (50%)
- $40,500
- Low (80%)
- $63,350
- Extremely Low (30%)
- $27,800
- Very Low (50%)
- $46,300
- Low (80%)
- $72,400
- Extremely Low (30%)
- $31,250
- Very Low (50%)
- $52,100
- Low (80%)
- $81,450
- Extremely Low (30%)
- $34,700
- Very Low (50%)
- $57,850
- Low (80%)
- $90,500
- Extremely Low (30%)
- $37,500
- Very Low (50%)
- $62,500
- Low (80%)
- $97,750
- Extremely Low (30%)
- $40,300
- Very Low (50%)
- $67,150
- Low (80%)
- $105,000
- Extremely Low (30%)
- $43,050
- Very Low (50%)
- $71,750
- Low (80%)
- $112,250
- Extremely Low (30%)
- $45,850
- Very Low (50%)
- $76,400
- Low (80%)
- $119,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $24,300 | $40,500 | $63,350 |
| 2 Persons | $27,800 | $46,300 | $72,400 |
| 3 Persons | $31,250 | $52,100 | $81,450 |
| 4 Persons | $34,700 | $57,850 | $90,500 |
| 5 Persons | $37,500 | $62,500 | $97,750 |
| 6 Persons | $40,300 | $67,150 | $105,000 |
| 7 Persons | $43,050 | $71,750 | $112,250 |
| 8 Persons | $45,850 | $76,400 | $119,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lake Stevens, WA?+
The Fair Market Rent (FMR) for Snohomish County, WA is: $2211 (Studio), $2269 (1BR), $2645 (2BR), $3510 (3BR), $4080 (4BR). Actual rent at subsidized properties like Lake Village East is typically 30% of household income or less.
What are the income limits for affordable housing in Snohomish County, WA?+
For a 4-person household in Snohomish County, WA, the income limits are: Extremely Low Income (30% AMI): $34,700, Very Low Income (50% AMI): $57,850, Low Income (80% AMI): $90,500. These limits are set by HUD and updated annually.
Who manages Lake Village East?+
Lake Village East is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Lake Village East?+
Lake Village East 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
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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