About This Property
Julian Hotel Apartments is a 35-unit affordable housing community in Corvallis, Oregon serving elderly residents. The property contains five one-bedroom units and thirty two-bedroom units designated as low-income housing. Placed in service in 2015, the community is non-profit owned and funded through HOME and CDBG programs with 9% LIHTC credits.
Property Details
Fair Market Rent - Benton County, OR
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,192 |
| 1 Bedroom | $1,236 |
| 2 Bedroom | $1,570 |
| 3 Bedroom | $2,212 |
| 4 Bedroom | $2,495 |
Income Limits - Benton County, OR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,850
- Very Low (50%)
- $29,750
- Low (80%)
- $47,600
- Extremely Low (30%)
- $20,400
- Very Low (50%)
- $34,000
- Low (80%)
- $54,400
- Extremely Low (30%)
- $22,950
- Very Low (50%)
- $38,250
- Low (80%)
- $61,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,500
- Low (80%)
- $68,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,900
- Low (80%)
- $73,450
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $49,300
- Low (80%)
- $78,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,700
- Low (80%)
- $84,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $56,100
- Low (80%)
- $89,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,850 | $29,750 | $47,600 |
| 2 Persons | $20,400 | $34,000 | $54,400 |
| 3 Persons | $22,950 | $38,250 | $61,200 |
| 4 Persons | $26,500 | $42,500 | $68,000 |
| 5 Persons | $31,040 | $45,900 | $73,450 |
| 6 Persons | $35,580 | $49,300 | $78,900 |
| 7 Persons | $40,120 | $52,700 | $84,350 |
| 8 Persons | $44,660 | $56,100 | $89,800 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Corvallis, OR?+
The Fair Market Rent (FMR) for Benton County, OR is: $1192 (Studio), $1236 (1BR), $1570 (2BR), $2212 (3BR), $2495 (4BR). Actual rent at subsidized properties like Julian Hotel Apts is typically 30% of household income or less.
What size apartments are available at Julian Hotel Apts?+
Julian Hotel Apts offers the following unit types: 5 One-Bedroom, 30 Two-Bedroom units, for a total of 35 units.
What are the income limits for affordable housing in Benton County, OR?+
For a 4-person household in Benton County, OR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,500, Low Income (80% AMI): $68,000. These limits are set by HUD and updated annually.
How do I apply for housing at Julian Hotel Apts?+
Julian Hotel Apts 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.
Who is eligible to live at Julian Hotel Apts?+
Julian Hotel Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Julian Hotel Apts?+
Julian Hotel Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Corvallis, OR?+
Based on Fair Market Rent for Benton County, the estimated price range is: 1-bedroom: $1236, 2-bedroom: $1570. Actual rent at Julian Hotel Apts may be lower for income-eligible households.
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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