About This Property
Cac 515 Preservation Portfolio comprises 109 units in Yelm, Washington, with 106 designated as low-income housing. The property, which entered service in 2016, contains 99 one-bedroom units and 10 two-bedroom units. A non-profit organization owns and operates the community.
Property Details
Fair Market Rent - Thurston 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 | $1,341 |
| 1 Bedroom | $1,554 |
| 2 Bedroom | $1,802 |
| 3 Bedroom | $2,531 |
| 4 Bedroom | $3,058 |
Income Limits - Thurston County, WA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,950
- Very Low (50%)
- $31,600
- Low (80%)
- $50,550
- Extremely Low (30%)
- $21,650
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $24,350
- Very Low (50%)
- $40,600
- Low (80%)
- $64,950
- Extremely Low (30%)
- $27,050
- Very Low (50%)
- $45,100
- Low (80%)
- $72,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $48,750
- Low (80%)
- $77,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $52,350
- Low (80%)
- $83,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $55,950
- Low (80%)
- $89,500
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $59,550
- Low (80%)
- $95,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,950 | $31,600 | $50,550 |
| 2 Persons | $21,650 | $36,100 | $57,750 |
| 3 Persons | $24,350 | $40,600 | $64,950 |
| 4 Persons | $27,050 | $45,100 | $72,150 |
| 5 Persons | $31,040 | $48,750 | $77,950 |
| 6 Persons | $35,580 | $52,350 | $83,700 |
| 7 Persons | $40,120 | $55,950 | $89,500 |
| 8 Persons | $44,660 | $59,550 | $95,250 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Yelm, WA?+
The Fair Market Rent (FMR) for Thurston County, WA is: $1341 (Studio), $1554 (1BR), $1802 (2BR), $2531 (3BR), $3058 (4BR). Actual rent at subsidized properties like Cac 515 Preservation Portfolio is typically 30% of household income or less.
What size apartments are available at Cac 515 Preservation Portfolio?+
Cac 515 Preservation Portfolio offers the following unit types: 99 One-Bedroom, 10 Two-Bedroom units, for a total of 109 units.
How do I apply for housing at Cac 515 Preservation Portfolio?+
Cac 515 Preservation Portfolio is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
What are the income limits for affordable housing in Thurston County, WA?+
For a 4-person household in Thurston County, WA, the income limits are: Extremely Low Income (30% AMI): $27,050, Very Low Income (50% AMI): $45,100, Low Income (80% AMI): $72,150. These limits are set by HUD and updated annually.
Who manages Cac 515 Preservation Portfolio?+
Cac 515 Preservation Portfolio is managed by . You can reach them at .
What is the price range for apartments in Yelm, WA?+
Based on Fair Market Rent for Thurston County, the estimated price range is: 1-bedroom: $1554, 2-bedroom: $1802. Actual rent at Cac 515 Preservation Portfolio may be lower for income-eligible households.
Walk Score
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Nearby Schools
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