About This Property
Lake Empire Apts comprises 28 low-income rental units in Coos Bay, Oregon, with 18 two-bedroom and 10 three-bedroom floor plans designed to serve families. The property was placed in service in 2008 and operates under 4% Low-Income Housing Tax Credit financing with tax-exempt bond funding. A non-profit organization owns and manages the community.
Property Details
Fair Market Rent - Coos 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 | $756 |
| 1 Bedroom | $829 |
| 2 Bedroom | $1,075 |
| 3 Bedroom | $1,515 |
| 4 Bedroom | $1,802 |
Income Limits - Coos County, OR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,550
- Very Low (50%)
- $22,550
- Low (80%)
- $36,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,800
- Low (80%)
- $41,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,000
- Low (80%)
- $46,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,200
- Low (80%)
- $51,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,800
- Low (80%)
- $55,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,400
- Low (80%)
- $59,750
- Extremely Low (30%)
- $39,950
- Very Low (50%)
- $39,950
- Low (80%)
- $63,900
- Extremely Low (30%)
- $42,550
- Very Low (50%)
- $42,550
- Low (80%)
- $68,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,550 | $22,550 | $36,050 |
| 2 Persons | $17,420 | $25,800 | $41,200 |
| 3 Persons | $21,960 | $29,000 | $46,350 |
| 4 Persons | $26,500 | $32,200 | $51,500 |
| 5 Persons | $31,040 | $34,800 | $55,650 |
| 6 Persons | $35,580 | $37,400 | $59,750 |
| 7 Persons | $39,950 | $39,950 | $63,900 |
| 8 Persons | $42,550 | $42,550 | $68,000 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Coos Bay, OR?+
The Fair Market Rent (FMR) for Coos County, OR is: $756 (Studio), $829 (1BR), $1075 (2BR), $1515 (3BR), $1802 (4BR). Actual rent at subsidized properties like Lake Empire Apts is typically 30% of household income or less.
What size apartments are available at Lake Empire Apts?+
Lake Empire Apts offers the following unit types: 18 Two-Bedroom, 10 Three-Bedroom units, for a total of 28 units.
Who manages Lake Empire Apts?+
Lake Empire Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Coos Bay, OR?+
Based on Fair Market Rent for Coos County, the estimated price range is: 2-bedroom: $1075, 3-bedroom: $1515. Actual rent at Lake Empire Apts may be lower for income-eligible households.
Who is eligible to live at Lake Empire Apts?+
Lake Empire Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Lake Empire Apts?+
Lake Empire 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.
What are the income limits for affordable housing in Coos County, OR?+
For a 4-person household in Coos County, OR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,200, Low Income (80% AMI): $51,500. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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