About This Property
River Street offers 24 units of affordable housing in Hailey, Idaho, with 23 designated as low-income units serving elderly residents. The property features 14 one-bedroom and 10 two-bedroom units and has been in service since 2012. The development was funded through HOME program dollars and utilizes 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Blaine County, ID
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $925 |
| 1 Bedroom | $1,039 |
| 2 Bedroom | $1,365 |
| 3 Bedroom | $1,830 |
| 4 Bedroom | $1,837 |
Income Limits - Blaine County, ID
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,750
- Very Low (50%)
- $26,250
- Low (80%)
- $42,000
- Extremely Low (30%)
- $18,000
- Very Low (50%)
- $30,000
- Low (80%)
- $48,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,750
- Low (80%)
- $54,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,500
- Low (80%)
- $60,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,500
- Low (80%)
- $64,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,500
- Low (80%)
- $69,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,500
- Low (80%)
- $74,400
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,500
- Low (80%)
- $79,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,750 | $26,250 | $42,000 |
| 2 Persons | $18,000 | $30,000 | $48,000 |
| 3 Persons | $21,960 | $33,750 | $54,000 |
| 4 Persons | $26,500 | $37,500 | $60,000 |
| 5 Persons | $31,040 | $40,500 | $64,800 |
| 6 Persons | $35,580 | $43,500 | $69,600 |
| 7 Persons | $40,120 | $46,500 | $74,400 |
| 8 Persons | $44,660 | $49,500 | $79,200 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Hailey, ID?+
The Fair Market Rent (FMR) for Blaine County, ID is: $925 (Studio), $1039 (1BR), $1365 (2BR), $1830 (3BR), $1837 (4BR). Actual rent at subsidized properties like River Street is typically 30% of household income or less.
What size apartments are available at River Street?+
River Street offers the following unit types: 14 One-Bedroom, 10 Two-Bedroom units, for a total of 24 units.
Who manages River Street?+
River Street is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at River Street?+
River Street 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.
What are the income limits for affordable housing in Blaine County, ID?+
For a 4-person household in Blaine County, ID, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,500, Low Income (80% AMI): $60,000. These limits are set by HUD and updated annually.
What is the price range for apartments in Hailey, ID?+
Based on Fair Market Rent for Blaine County, the estimated price range is: 1-bedroom: $1039, 2-bedroom: $1365. Actual rent at River Street may be lower for income-eligible households.
Who is eligible to live at River Street?+
River Street primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.