About This Property
Mt Baldy offers 45 units of affordable housing in Ponderay, Idaho, with 39 units designated for low-income families. The property includes a mix of one-, two-, and three-bedroom units, providing options for different household sizes. Placed in service in 2002, the community is funded through 9% Low-Income Housing Tax Credits and is managed by the property operator.
Property Details
Fair Market Rent - Bonner 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 | $825 |
| 1 Bedroom | $830 |
| 2 Bedroom | $1,068 |
| 3 Bedroom | $1,505 |
| 4 Bedroom | $1,812 |
Income Limits - Bonner County, ID
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,550
- Very Low (50%)
- $22,600
- Low (80%)
- $36,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,800
- Low (80%)
- $41,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,050
- Low (80%)
- $46,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,250
- Low (80%)
- $51,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,850
- Low (80%)
- $55,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,450
- Low (80%)
- $59,900
- Extremely Low (30%)
- $40,000
- Very Low (50%)
- $40,000
- Low (80%)
- $64,000
- Extremely Low (30%)
- $42,600
- Very Low (50%)
- $42,600
- Low (80%)
- $68,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,550 | $22,600 | $36,150 |
| 2 Persons | $17,420 | $25,800 | $41,300 |
| 3 Persons | $21,960 | $29,050 | $46,450 |
| 4 Persons | $26,500 | $32,250 | $51,600 |
| 5 Persons | $31,040 | $34,850 | $55,750 |
| 6 Persons | $35,580 | $37,450 | $59,900 |
| 7 Persons | $40,000 | $40,000 | $64,000 |
| 8 Persons | $42,600 | $42,600 | $68,150 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Ponderay, ID?+
The Fair Market Rent (FMR) for Bonner County, ID is: $825 (Studio), $830 (1BR), $1068 (2BR), $1505 (3BR), $1812 (4BR). Actual rent at subsidized properties like Mt Baldy is typically 30% of household income or less.
What size apartments are available at Mt Baldy?+
Mt Baldy offers the following unit types: 9 One-Bedroom, 27 Two-Bedroom, 9 Three-Bedroom units, for a total of 45 units.
How do I apply for housing at Mt Baldy?+
Mt Baldy 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 Bonner County, ID?+
For a 4-person household in Bonner County, ID, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,250, Low Income (80% AMI): $51,600. These limits are set by HUD and updated annually.
Who is eligible to live at Mt Baldy?+
Mt Baldy primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Ponderay, ID?+
Based on Fair Market Rent for Bonner County, the estimated price range is: 1-bedroom: $830, 2-bedroom: $1068, 3-bedroom: $1505. Actual rent at Mt Baldy may be lower for income-eligible households.
Who manages Mt Baldy?+
Mt Baldy is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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